You can use Excel functions to find the answers for the following question (round off the values to 4 decimal places): a. Supplier on-time delivery performance is critical to enabling the buyer’s organization to meet its customer service commitments. Therefore, monitoring supplier delivery times is critical. Based on a great deal of historical data, a manufacturer of personal computers finds for one of its just-in-time suppliers that the delivery times are random and well approximated by the Normal distribution with mean 51.7 minutes and standard deviation 9.5 minutes.
You can use Excel functions to find the answers for the following question (round off the values to 4 decimal places): a. Supplier on-time delivery performance is critical to enabling the buyer’s organization to meet its customer service commitments. Therefore, monitoring supplier delivery times is critical. Based on a great deal of historical data, a manufacturer of personal computers finds for one of its just-in-time suppliers that the delivery times are random and well approximated by the Normal distribution with mean 51.7 minutes and standard deviation 9.5 minutes.
Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN:9781133935940
Author:Ulric J. Gelinas
Publisher:Ulric J. Gelinas
Chapter2: Enterprise System
Section: Chapter Questions
Problem 2DQ
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You can use Excel functions to find the answers for the following question (round off the values to 4 decimal places):
a. Supplier on-time delivery performance is critical to enabling the buyer’s organization to meet its customer service commitments. Therefore, monitoring supplier delivery times is critical. Based on a great deal of historical data, a manufacturer of personal computers finds for one of its just-in-time suppliers that the delivery times are random and well approximated by the Normal distribution with mean 51.7 minutes and standard deviation 9.5 minutes.
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