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The sales of High-Brite Toothpaste are believed to be approximately normal, with a mean of 10,000 tubes per week and standard deviation of 1500. To have a 95% probability that the company will have sufficient stock to cover the weekly demand, at least how many tubes should be produced

The sales of High-Brite Toothpaste are believed to be approximately normal, with a mean of 10,000 tubes per week and standard deviation of 1500. To have a 95% probability that the company will have sufficient stock to cover the weekly demand, at least how many tubes should be produced

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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16. The sales of High-Brite Toothpaste are believed to be approximately normal, with a mean of 10,000 tubes per week and standard deviation of 1500. To have a 95% probability that the company will have sufficient stock to cover the weekly demand, at least how many tubes should be produced?

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