b. A warehouse distributor of carpet keeps 6,000 yards of deluxe shag carpet in stock during a month. The average demand for carpet from the stores that purchase from the distributor is 4,500 yards per month, with a standard deviation of 900 yards.What is the probability that a customer's order will not be met during a month? Assume carpet demand is normally distributed. c. From actual road tests on newly manufactured tires, Hankook Tires Co. estimated that the mean tire mileage is 36,500 miles and that the standard deviation is 5000 miles. The company is considering a warranty that will provide a discount on replacement tires if the original tires do not provide the guaranteed mileage. Assuming data is normally distributed, what should the warranty mileage be if the company wants no more than 10% of the tires to be eligible for the discount warranty? b. A warehouse distributor of carpetkeeps 6,000 yards of deluxe shag carpetin stock during a month. The averagedemand for carpet from the stores thatpurchase from the distributor is 4,500yards per month, with a standarddeviation of 900 yards.What is the probability that a customer'sorder will not be met during a month?Assume carpet demand is normallydistributedc. From actual road tests on newlymanufactured tires, Hankook Tires Co.estimated that the mean tire mileage is36,500 miles and that the standarddeviation is 5000 miles. The company isconsidering a warranty that will provide adiscount on replacement tires if theoriginal tires do not provide theguaranteed mileage. Assuming data isnormally distributed, what should thewarranty mileage be if the companywants no more than 10% of the tires tobe eligible for the discount warranty?7:15 PM /

B - In stock = 6000 =x Average demand = 4500 Standard deviation = 900 We know Z= (x-average)…

Answered: A warehouse distributor of carpet keeps…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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b. A warehouse distributor of carpet keeps 6,000 yards of deluxe shag carpet in stock during a month. The average demand for carpet from the stores that purchase from the distributor is 4,500 yards per month, with a standard deviation of 900 yards.
What is the probability that a customer's order will not be met during a month? Assume carpet demand is normally distributed.

c. From actual road tests on newly manufactured tires, Hankook Tires Co. estimated that the mean tire mileage is 36,500 miles and that the standard deviation is 5000 miles. The company is considering a warranty that will provide a discount on replacement tires if the original tires do not provide the guaranteed mileage. Assuming data is normally distributed, what should the warranty mileage be if the company wants no more than 10% of the tires to be eligible for the discount warranty?

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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