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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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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