Question: Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 179 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 179 gallons and a standard deviation of 50. 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 4000 is used. What is the average order quantity? b Suppose an order-up-to level of 2450 is used. What is the expected on-hand inventory? Use Table 14.1 c. Suppose an order-up-to level of 2580 is used. What is the expected on order inventory? (Round your answer to 4 decimal places) Suppose an order-up-to level of 2702 is used What is the in-stock probability? Use Table 14.1 d (Round your answer to 4 decimal places) Suppose an order-up-to level of 2400 is used What is the stockout probability Use Table 141 e. + Suppose Cyber Cherticais wants a 0 93 in-stock probability. What should the order up to level be? Use Excel and round to nearest integer

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