Question: goop Inc. needs to order a raw material to make a special polymerthe demand for the polymer is forecasted to be normally distributed with a
goop Inc. needs to order a raw material to make a special polymerthe demand for the polymer is forecasted to be normally distributed with a mean of gallons in a standard deviation of gallons goop sells the polymer for $ per gallon group purchases raw material for eight dollars per gallon and must spend nine dollars per gallon to dispose of all unused raw material due to government regulations gallon of raw material. Ye yields gallon of polymer if demand is more than goop can make than goop cells only what it has made in the rest of the demand is lost.
c Suppose Goop purchases gallons of raw material. What are the expected sales in gallons Use Table and the roundup rule.
Note: Round your answer to decimal places.
Excepted sales
d Suppose Goop purchases gallons of raw material. How much should it expect to spend on disposal costs in dollars Use Table and the roundup rule.
Note: Round your answer to decimal places.
Disposal cost
$
e Suppose Goop wants to ensure that there is a percent probability that it will be able to satisfy its customers' entire demand. How many gallons of the raw material should it purchase? Use Table and the roundup rule.
Note: Enter your answer as a whole number.
Order quantity
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