Illustrotion 17.43. The number (x) of items of a certain kinddemanded by customers follows the Poisson law with parameter 9.What stock k of this item should a retailer keep in order to have aprobability of 0.99 of meeting all demands made on him. Use normalapproximation to Poisson Law.

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Answered: 11.43. The number (x) of items of a…

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Chapter1: Combinatorial Analysis

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11.43. The number (x) of items of a certain kind demanded by customers follows the Poisson law with parameter 9. What stock k of this item should a retailer keep in order to have a probability of 0.99 of meeting all demands made on him. Use normal approximation to Poisson Law.