Henrique Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive.Day-old cakes are virtually always sold, but at a 50% discount off the regular $16 price. The cost of baking a cake is$10, and demand is estimated to be normally distributed, with a mean of 30 and a standard deviation of 6. What is theoptimal stocking level? Refer to the standard normal table for z-values.The optimal stocking level for the bakery iscakes (round your response to the nearest whole number).

Answered: Image /qna-images/answer/9d7d4690-47b2-49b7-9389-5f1d747306b0.jpg

Answered: Henrique Correa's bakery prepares all…

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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In a Q system, the demand rate for strawberry ice cream is normally distributed, with an average of 295 pints per week. The lead time is 6 weeks. The standard deviation of weekly demand is 16 pints. Refer to the standard normal table for z-values. a. The standard deviation of demand during the 6-week lead time is 39 pints. (Enter your response rounded to the nearest whole number.) b. The average demand during the 6-week lead time is 1770 pints. (Enter your response as an integer.) c. The reorder point that results in a cycle-service level of 96 percent is pints. (Enter your response rounded to the nearest whole number.)
The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1000 and the standard deviation is $85. What is the approximate percentage of buyers who paid more than $1170?%What is the approximate percentage of buyers who paid between $830 and $1000?%What is the approximate percentage of buyers who paid between $1000 and $1085?%What is the approximate percentage of buyers who paid between $915 and $1085?%What is the approximate percentage of buyers who paid less than $745?%What is the approximate percentage of buyers who paid between $1000 and $1255?
The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1400 and the standard deviation is $75. 1175 1250 1325 1400 1475 1550 1625 Distribution of Prices What is the approximate percentage of buyers who paid between $1400 and $1625? What is the approximate percentage of buyers who paid between $1400 and $1550? What is the approximate percentage of buyers who paid more than $1550? What is the approximate percentage of buyers who paid less than $1175? What is the approximate percentage of buyers who paid between $1325 and $1475? What is the approximate percentage of buyers who paid between $1400 and $14752
The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1400 and the standard deviation is $50.What is the approximate percentage of buyers who paid between $1350 and $1450?%What is the approximate percentage of buyers who paid between $1350 and $1400?%What is the approximate percentage of buyers who paid between $1400 and $1500?%What is the approximate percentage of buyers who paid between $1250 and $1400?%What is the approximate percentage of buyers who paid more than $1500?%What is the approximate percentage of buyers who paid less than $1250?%
Can someone please help walk me through how I complete this graph?
The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1600 and the standard deviation is $140.What is the approximate percentage of buyers who paid less than $1320? What is the approximate percentage of buyers who paid less than $1180?
A private hospital stocks a “code blue” resuscitation kit that has a normally distributed demand during the reorder period. The mean (average)demand during the reorder period is 350 kits, and the standard deviation is 10 kits.
Q 4: Answer the questions below using the following Table 1: MC ($) 7,259 6,548 5,838 5,125 4,417 3,706 MC ($) 6,541 6,821 7,102 7,383 7,664 7,945 AC ($) Total cost ($) 105,311,250 202,070,000 Students Undergraduate 13,750 27,500 41,250 55,000 68,750 82,500 Students 7,659 7,348 7,038 6,727 6,417 6,106 369,985,000 441,168,750 503,745,000 Total cost ($) 33,385,000 51,697,000 AC ($) 12,140 9,399 8,672 8,365 8,249 8,228 Graduate 2,750 5,500 8,250 11,000 13,750 16,500 92,015,000 113,423,750 135,762,000 What are the main differences between the universities' cost structures for undergraduate and graduates? Can you explain the differences that you have identified in 4 (a)? (a) (b) (c) The new Vice Chancellor has asked you for advice on whether she should consolidate or expand the programs. Provide your advice using the information in the table. (d) What is the effect of the introduction of a license fee of 9 million dollars by the government for undergraduate programs being offered by…

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