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Annual growth of vegetarianism?

Suppose that Sky-High is predicting 25 percent annual growth, on a current base of 90,000 customers. If the gr

  • Suppose that Sky-High is predicting 25 percent annual growth, on a current base of 90,000 customers. If the growth pattern holds, how many customers will Sky-High have in three years? If it takes about 12 minutes to enter a new customer into the system, how many additional data entry operators will need to handle the growth next year? Assume that an operator works about 2,000 hours per year. Also, assume a 30-percent annual attrition rate for existing customers.

  • Answer:

    That is a long problem to work out for only two points--it is simple algebra though.

andrewde... at Yahoo! Answers Visit the source

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I DID THIS WITHOUT THE 30 PERCENT ATTRITION RATE BCOZ CONSIDERING IT WOULD MEAN A DECREASE IN NO. OF CUSTOMERS. BUT ENTERING NEW CUSTOMER INFO WOULD TAKE THE SAME TIME ANYWAYS. I DONT KNOW IF MY LOGIC WORKS OR NOT. BUT I FEEL ITS CORRECT. no. of customers at end of 1st yr = 90,000 + 90,000*25 =90,000(1+.25)=90,000*1.25 = 112500 Similarly no. of customers at end of 2nd yr = 1.25 * 112500 and no. of customers at end of 3rd yr = 1.25 *1.25 *112500 = 175781.25 number of new customers for 1st yr = 112500-90,000 = 22500 Number of mins needed to enter new customers = 12 * 22500 = 270000 therefore no. of new operators = 270000/2000 = 135

michiko_chand

how many operators currently?

Dhoni

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