Pep Zone sells auto parts and supplies including a popular multi-grade motor oil. When the stock of this oil drops to 40 gallons, a replenishment order is placed. The store manager is concerned that sales are being lost due to stockouts while waiting for a replenishment order. It has been determined that demand during replenishment lead-time is normally distributed with a mean of 25 gallons and a standard deviation of 9 gallons. The manager would like to know the probability of a stockout during replenishment lead-time. In other words, what is the probability that demand during lead-time will exceed 30 gallons? PS: Compute and make a graph in excel also include the Z-table, send the screenshot.
Pep Zone sells auto parts and supplies including a popular multi-grade motor oil. When the stock of this oil drops to 40 gallons, a replenishment order is placed. The store manager is concerned that sales are being lost due to stockouts while waiting for a replenishment order. It has been determined that demand during replenishment lead-time is normally distributed with a mean of 25 gallons and a standard deviation of 9 gallons. The manager would like to know the probability of a stockout during replenishment lead-time. In other words, what is the probability that demand during lead-time will exceed 30 gallons? PS: Compute and make a graph in excel also include the Z-table, send the screenshot.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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hello tutor, i hope you could help me, i have here a probability problem involving Standard
![Pep Zone sells auto parts and supplies including a popular multi-grade motor oil.
When the stock of this oil drops to 40 gallons, a replenishment order is placed.
The store manager is concerned that sales are being lost due to stockouts while
waiting for a replenishment order. It has been determined that demand during
replenishment lead-time is normally distributed with a mean of 25 gallons and a
standard deviation of 9 gallons. The manager would like to know the probability
of a stockout during replenishment lead-time. In other words, what is the
probability that demand during lead-time will exceed 30 gallons?
PS: Compute and make a graph in excel also include the Z-table, send the
screenshot.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdf770809-1b48-49d0-8190-e43a4a374d70%2Feff7d7f6-1fa4-4239-9b28-3f4830a41f38%2Fiw4hlbs_processed.png&w=3840&q=75)
Transcribed Image Text:Pep Zone sells auto parts and supplies including a popular multi-grade motor oil.
When the stock of this oil drops to 40 gallons, a replenishment order is placed.
The store manager is concerned that sales are being lost due to stockouts while
waiting for a replenishment order. It has been determined that demand during
replenishment lead-time is normally distributed with a mean of 25 gallons and a
standard deviation of 9 gallons. The manager would like to know the probability
of a stockout during replenishment lead-time. In other words, what is the
probability that demand during lead-time will exceed 30 gallons?
PS: Compute and make a graph in excel also include the Z-table, send the
screenshot.
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