Al-Jareer book store uses 2-week periodic review period for its books inventory. For a particular book, the weekly demand during the 2-week review period is assumed to be normally distributed with a mean of 20 units (books) and the standard deviation of 5 units. Whereas, during the lead time period of 4 days, the demand also behaves normally with mean 5 unit and a standard deviation of 3 units respectively. What is the expected (mean) demand and standard deviation of the demand during the review period plus the lead time? Round to 3-decimal places O a. Mean =42, Standard deviation= 7.788 O b. Mean=50, Standard deviation= 6.681 Mean =40, Standard deviation= 7.812 O d. Mean =45, Standard deviation= 7.681 O e. None is correct

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Al-Jareer book store uses 2-week periodic review period for its books inventory. For a particular book, the
weekly demand during the 2-week review period is assumed to be normally distributed with a mean of 20
units (books) and the standard deviation of 5 units. Whereas, during the lead time period of 4 days, the
demand also behaves normally with mean 5 unit and a standard deviation of 3 units respectively. What is
the expected (mean) demand and standard deviation of the demand during the review period plus the lead
time? Round to 3-decimal places
O a.
Mean =42, Standard deviation= 7.788
O b. Mean =50, Standard deviation= 6.681
O c. Mean =40, Standard deviation= 7.812
O d. Mean =45, Standard deviation= 7.681
O e. None is correct
Transcribed Image Text:Al-Jareer book store uses 2-week periodic review period for its books inventory. For a particular book, the weekly demand during the 2-week review period is assumed to be normally distributed with a mean of 20 units (books) and the standard deviation of 5 units. Whereas, during the lead time period of 4 days, the demand also behaves normally with mean 5 unit and a standard deviation of 3 units respectively. What is the expected (mean) demand and standard deviation of the demand during the review period plus the lead time? Round to 3-decimal places O a. Mean =42, Standard deviation= 7.788 O b. Mean =50, Standard deviation= 6.681 O c. Mean =40, Standard deviation= 7.812 O d. Mean =45, Standard deviation= 7.681 O e. None is correct
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