Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal distribution with a mean of 21 gallons per week and a standard deviation of 3.5 gallons per week. Lead time is two days, and the dairy is open seven days a week. Now an order is place when there is a supply of 8 gallons on hand. What is the probability of experiencing a stockout before this order arrives? 0.1423 0.4168 0.5832 0.8577

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal
distribution with a mean of 21 gallons per week and a standard deviation of 3.5 gallons per week. Lead
time is two days, and the dairy is open seven days a week.
Now an order is place when there is a supply of 8 gallons on hand. What is the probability of experiencing
a stockout before this order arrives?
0.1423
0.4168
0.5832
0.8577
Transcribed Image Text:Demand for walnut fudge ice cream at the Sweet Cream Dairy can be approximated by a normal distribution with a mean of 21 gallons per week and a standard deviation of 3.5 gallons per week. Lead time is two days, and the dairy is open seven days a week. Now an order is place when there is a supply of 8 gallons on hand. What is the probability of experiencing a stockout before this order arrives? 0.1423 0.4168 0.5832 0.8577
Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON