Question: Cyber chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 1 7 8 gallons and a

Cyber chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 178 gallons and a standard deviation of 45. Cyber operates 6 days a week and orders from its supplier once each week. The supplier takes 1 week to deliver cyber's order.
b) Suppose it uses an order-up-to level of 2480. What is the average order quantity?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 182 gallons and a standard deviation of 47. Cyber operates Six days a week and...

Q:

8.8. The daily demand for an item is distributed normally, with a mean of 5 and a variance of 2. The cost to place an order is $10, and the carrying charge per day is estimated at 10 percent of the...

Q:

Read the Southwest ApplianceInherent Risk andControlDesign I uploadedthat describesTask 3 beginning on page 20. You will also need to refer back to the case description to perform the assigned task....

Q:

TABLE 14.1 The Distribution Function, Rz), and the Inventory Function, 1z), for the Standard Normal Distribution Function Z Fiz) (z) -4.0 0000 0.0000 -3.9 0000 0.0000 -3.8 .0001 0.0000 0.0000 3.7...

Q:

1 . A firm implements the order - up - to model with weekly ordering. In week 1 1 , it observes that demand is much lower than expected demand. At the start of week 1 2 ( before it orders ) , it...

Q:

PA 14-7 (Algo) Cyber Chemicals uses liquid nitrogen on a... Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 184 gallons and a...

Q:

PA 14-7 (Algo) Cyber Chemicals uses liquid nitrogen on a... Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 175 gallons and a...

Q:

PA 14-7 (Algo) Cyber Chemicals uses liquid nitrogen on a... Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 184 gallons and a...

Q:

PA 14-7 (Algo) Cyber Chemicals uses liquid nitrogen on a... Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 175 gallons and a...

Q:

This is the last extra credit question. I some one could answer these I would greatly appreciate it. This is our extra credit assignment and finals are next week. I could really use the help. Also,...

Q:

What can you do as a manager to encourage Group cohesiveness?

Q:

Image caption Match List I and List II and select the correct answer using the codes given below the lists: List I List II Debt service coverage ratioSolvency ratio Turnover of receivables Structural...

Q:

When you issue a note payable for cash it immediately results in a increase in assets and an increase in liabilities

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...