Introduction To Management Science, Global Edition
13th Edition
ISBN: 9781292263045
Author: Bernard W. Taylor III
Publisher: PEARSON
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Chapter 13, Problem 44P
a)
Summary Introduction
To compute: L, Lq, W, and Wq.
b)
Summary Introduction
To compute: Whether the management should make the investment.
c)
Summary Introduction
To compute: The alternative that should be selected.
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Please help me solve part B.
You may need to use the appropriate technology to answer this question.
The Gilbert Air-Conditioning Company is considering the purchase of a special shipment of portable air conditioners manufactured in Japan. Each unit will cost Gilbert $75, and it will be sold for $125. Gilbert
does not want to carry surplus air conditioners over until the following year. Thus, all surplus air conditioners will be sold to a wholesaler for $45 per unit. Assume that the air conditioner demand follows a
normal probability distribution with μ =20 and σ = 8.
(a) What is the recommended order quantity? (Round your answer to the nearest integer.)
Q* =
(b) What is the probability that Gilbert will sell all units it orders? (Round your answer to two decimal places.)
P(sell all) =
Chapter 13 Solutions
Introduction To Management Science, Global Edition
Ch. 13 - Prob. 1PCh. 13 - Prob. 2PCh. 13 - Prob. 3PCh. 13 - Prob. 4PCh. 13 - Prob. 5PCh. 13 - Prob. 6PCh. 13 - Prob. 7PCh. 13 - Prob. 8PCh. 13 - Prob. 9PCh. 13 - Prob. 10P
Ch. 13 - Prob. 11PCh. 13 - Prob. 12PCh. 13 - Prob. 13PCh. 13 - Prob. 14PCh. 13 - Prob. 15PCh. 13 - Prob. 16PCh. 13 - Prob. 17PCh. 13 - Prob. 18PCh. 13 - Prob. 19PCh. 13 - Prob. 20PCh. 13 - Prob. 21PCh. 13 - Prob. 22PCh. 13 - Prob. 23PCh. 13 - Prob. 24PCh. 13 - Prob. 25PCh. 13 - Prob. 26PCh. 13 - Prob. 27PCh. 13 - Prob. 28PCh. 13 - Prob. 29PCh. 13 - Prob. 30PCh. 13 - Prob. 31PCh. 13 - Prob. 32PCh. 13 - Prob. 33PCh. 13 - Prob. 34PCh. 13 - Prob. 35PCh. 13 - Prob. 36PCh. 13 - Prob. 37PCh. 13 - Prob. 38PCh. 13 - Prob. 39PCh. 13 - Prob. 40PCh. 13 - Prob. 41PCh. 13 - Prob. 42PCh. 13 - Prob. 43PCh. 13 - Prob. 44PCh. 13 - Prob. 45PCh. 13 - Prob. 46PCh. 13 - Prob. 47PCh. 13 - Prob. 48PCh. 13 - Prob. 49PCh. 13 - Prob. 50PCh. 13 - Prob. 51PCh. 13 - Prob. 52PCh. 13 - Prob. 53PCh. 13 - Prob. 54PCh. 13 - Prob. 55PCh. 13 - Prob. 56PCh. 13 - Prob. 57PCh. 13 - Prob. 58PCh. 13 - Prob. 1.1CPCh. 13 - Prob. 3.1CPCh. 13 - Prob. 3.2CPCh. 13 - Prob. 3.4CPCh. 13 - Prob. 3.5CP
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