we are asking everyone to focus on reducing their average transaction time by 10%. the average transaction time for this locatio

Question

3 months ago

15

n is 6 minutes and 52 seconds so we have to get the average transaction time down to

2 answers:

babunello [11.8K] · Answer 1 · 2026-02-15T22:07:43+03:00

6 0

Answer:

Step-by-step explanation: The goal is to reduce the average transaction time to __________.

Svet_ta [12.7K] · Answer 2 · 2026-02-15T22:11:10+03:00

Answer:

The target is to lower the average transaction duration to 371 seconds, equivalent to 6 minutes and 11 seconds.

Step-by-step explanation:

The current average transaction time at this location is 6 minutes and 52 seconds.

$1\text{ minute}=60\text{ seconds}$

$6\text{ minute}=6\times 60\text{ seconds}$

$6\text{ minute}=360\text{ seconds}$

This location’s average transaction time is

$360+52=412\text{ seconds}$

Applying a 10% reduction decreases the average processing time.

$412-\frac{10}{100}\times 412=412-41.2=370.8\approx 371\text{ seconds}$

The average transaction duration is lowered to 371 seconds.

$\frac{371}{60}=\frac{360+11}{60} =6+\frac{11}{60}$

This corresponds to 6 minutes and 11 seconds.