Question: 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

Cyber Chemicals uses liquid nitrogen on a regular

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 orders from its supplier once each week. The supplier takes one week to deliver Cyber's order. a. Suppose an order-up-to level of 2,000 is used. What is its average order quantity? b. Suppose an order-up-to level of 2,490 is used. What is its expected on-hand inventory? Use Table 14.1. c. Suppose an order-up-to level of 2,620 is used. What is its expected on-order inventory? d. Suppose an order-up-to level of 2,691 is used. What is its in-stock probability? Use Table 14.1. Note: Round your answer to 4 decimal places. d. Suppose an order-up-to level of 2,691 is used. What is its in-stock probability? Use Table 14.1. Note: Round your answer to 4 decimal places. e. Suppose an order-up-to level of 2,375 is used. What is its stockout probability? Use Table 14.1. Note: Round your answer to 4 decimal places. f. Suppose Cyber Chemicals wants a 0.935 in-stock probability. What should its order-up-to level be? Note: Use Table 14.1 and round to nearest integer

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