SQU hospital orders a medicine that costs 4 OMR per unit. The annual holding cost per unit is 20 percentof the unit price of the medicine. Ordering cost is 100 OMR per order. The lead time is 2 weeks, and theweekly demand during the lead time is random, following normal distribution with a mean 30 units and astandard deviation of 5 units. Assume there are 52 weeks in a year. If the continuous review policy isfollowed, then what should be the Reorder level, if the hospital only permits 15 percent probability forstockout? Round-up to the nearest integer.a.68b. 77O C.70d. 66O e.None is correct

In a continuous review policy, the recorded point is calculated using the safety stock and the lead…

Answered: SQU hospital orders a medicine that…

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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Suppose that the lengths of pregnancies are normally distributed with a mean of 271 days and a standard deviation of 10 days. find the percentage of pregnancies that are longer than 254 days. For your intermediate computations, use four or more decimal places. Give your final answer to two decimal places (for example 98.23%).
The annual per capita consumption of oranges (in pounds) in the United States can be approximated by a normal distribution. The mean annual per capita of oranges is 19.2 with a standard deviation of 4 pounds. what annual per capita consumption of oranges represents the 5th percentile?
A mechanical device has a wear out time that is normally distributed with a mean of 1100 hours and a standard deviation of 50 hours. Find the percentage of devices that will have a wear out time of between 1000 hours and 1075 hours.
Assume the random variable X is normally distributed, with mean u= 44 and standard deviationo = 9. Find the 13th percentile.
Times for a surgical procedure are normally distributed. There are two methods. Method A has a mean of 35 minutes and a standard deviation of 3 minutes, while method B has a mean of 39 minutes and a standard deviation of 1.5 minutes. Which procedure is preferred if the procedure must be completed within 34 minutes? Which procedure is preferred if the procedure must be completed within 40.0 minutes? Which procedure is preferred if the procedure must be completed within 43 minutes?
A patient is classified as having gestational diabetes if their glucose level is above 144 milligrams per deciliter (mg/dl) one hour after a sugary drink is ingested. Rebecca's doctor is concerned that she may suffer from gestational diabetes. There is variation both in the actual glucose level and in the blood test that measures the level. Rebecca's measured glucose level one hour after ingesting the sugary drink varies according to the Normal distribution with µ= 146 mg/dl and o = 4 mg/dl. What is the probability of Rebecca being diagnosed with gestational diabetes if her glucose level is measured: (a) 4 times CS Scanned with CamScanner
The pregnancy length of new mothers in a population is 267 days with a standard deviation of 10 days. What is the minimum pregnancy length that can be in the top 10% of pregnancy lengths? Assume that it is normal distribution.
The working life of a certain electrical equipment is normally distributed with a mean of 180 days and a standard deviation of 4 days. For each of the following questions, construct a normal distribution curve and provide the answer. About what percent of the products last between 176 and 184 days? About what percent of the products last between 180 and 184 days? For each of the following questions, use the standard normal table and provide the answer. About what percent of the products last 172 or less days? About what percent of the products last 184 or more days?
The life of a toy is normally distributed. Suppose that 92.51% of the items have lives exceeding 2,160 hours and 3.92% have lives exceeding 17,040 hours. Find the mean and standard deviation of the toy lifetimes.
times for a surgical procedure are normally distributed. there are two methods. method a has a mean of 29 minutes and a standard deviation of 5 minutes, while method b has a mean of 33 minutes and a standard deviation of 25 minutes. which procedure is preferred if the procedure must be completed within 37 minutes. method a, b, or either method
How can get the standard deviation within the measures of dispersion or variability ?
Assume that the speed of automobiles on an expressway during rush hour is normally distributed with a mean of 64 mph and a standard deviation of 5 mph. What percent of cars are traveling faster than 64 mph?

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