Question: Hello, If you could please check my work for Question 2 part a-e paying especially close attention to part e, that would be greatly appreciated!
is aomally distributed with a mean of So and standlard deviation a What is the peotubility of selling 200 reservations if you Question 2: Powered by Koffee Powered by Koffee (PBK) is a new campus coffee store. PBK uses 50 bags of whole bean coffee every month, and you may assume that demand is perfectly steady throughout the year. PBK has signed a year-long contract to purchase its coffee from a local supplier, Phish Roasters, for a price of $25 per bag and an 585 fixed cost for every delivery independent of the order size. The holding cost is $1.50 per bag per month. a) What is the size, in bags? ,50 b) Given your answer in (a), how many times a year does PBK place orders? Tw Order Frequency = (12502 . T, 97%8Times or year Thu, Order Frequency = (RS02-717~8Tme 1CrdU requency = 75.27
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
