Question: Goop Incorporated needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally distributed with

Goop Incorporated needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be normally distributed with a mean of 300 gallons and a standard devation of 100 gallons. Goop sells the polymer for $26 per gallon. Goop purchases raw materlal for $9 per gallon and must spend $8 per gallon to dispose of all unused raw materlal due to government regulations. (One gallon of raw material ylelds one gallon of polymer.) If demand is more than Goop can make, then Goop sells only what it has made and the rest of the demand is lost. Use Table 13.4.
Note: If a part of the question specifles whether to use Table 13.4, or to use Excel, then credit for a correct answer will depend on using the specifled method.
a. How many gallons should Goop purchase to maximize its expected profit? Use Table 13.4.
Note: Enter your answer as a whole number.
Order quantity
b. Suppose Goop purchases 120 gallons of raw material. What is the probability that it will run out of raw material? Use Table 13.4. Note: Round your answer to 4 decimal places.
Probability
c. Suppose Goop purchases 300 gallons of raw material. What are the expected sales (in gallons)? Use Table 13.4 and the round-up rule.
Note: Round your answer to 2 decimal places.
Excepted sales
d. Suppose Goop purchases 375 gallons of raw material. How much should it expect to spend on disposal costs (in dollars)? Use Table 13.4 and the round-up rule.
Note: Round your answer to 2 decimal places.
Disposal cost
e. Suppose Goop wants to ensure that there is a 91 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 13.4 and the round-up rule.
Note: Enter your answer as a whole number.
Order quantity
 Goop Incorporated needs to order a raw material to make a

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