DaShu is a retailer store that sells T-shirts to its customers. Suppose the customer demand in a month is normally distributed with a mean of 1000 units and standard deviation of 300 units. The DaShu wants to ensure the probability that it can satisfy all the demand is greater than 90%. What should be the minimum inventory level to achieve this goal (choose the closest number)? O 1250 O 1284 1387 O 1395 O 1495 Question 6 Back to the DaShu example in Question 5. If DaShu orders 1400 units of inventory, what is the probability that there will be some leftover inventory? What is the probability that there will be some lost sales? O P1 - 0.9082, P2-0.0918 P1-0.9425, P2-0.0475 P1- 0.9525, P2-0.0475 O P1 - 0.0918, P2-0.9082 O P1 - 0.9905, P2-0.0095
DaShu is a retailer store that sells T-shirts to its customers. Suppose the customer demand in a month is normally distributed with a mean of 1000 units and standard deviation of 300 units. The DaShu wants to ensure the probability that it can satisfy all the demand is greater than 90%. What should be the minimum inventory level to achieve this goal (choose the closest number)? O 1250 O 1284 1387 O 1395 O 1495 Question 6 Back to the DaShu example in Question 5. If DaShu orders 1400 units of inventory, what is the probability that there will be some leftover inventory? What is the probability that there will be some lost sales? O P1 - 0.9082, P2-0.0918 P1-0.9425, P2-0.0475 P1- 0.9525, P2-0.0475 O P1 - 0.0918, P2-0.9082 O P1 - 0.9905, P2-0.0095
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Transcribed Image Text:DaShu is a retailer store that sells T-shirts to its customers. Suppose the
customer demand in a month is normally distributed with a mean of 1000
units and standard deviation of 300 units. The DaShu wants to ensure the
probability that it can satisfy all the demand is greater than 90%. What
should be the minimum inventory level to achieve this goal (choose the
closest number)?
O 1250
O 1284
1387
O 1395
O 1495
Question 6
Back to the DaShu example in Question 5.
If DaShu orders 1400 units of inventory, what is the probability that there
will be some leftover inventory? What is the probability that there will be
some lost sales?
O P1 - 0.9082, P2-0.0918
P1 - 0.9425, P2-0.0475
O P1- 0.9525, P2-0.0475
O P1 - 0.0918, P2-0.9082
O P1 - 0.9905, P2-0.0095
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