Question: HW 8 - Chapters 12,13,14 Saved Help Save & Exit Submit Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally

HW 8 - Chapters 12,13,14 Saved Help Save & Exit

HW 8 - Chapters 12,13,14 Saved Help Save & Exit Submit Cyber Chemicals uses liquid nitrogen on a regular basis. Average daily demand is normally distributed with a mean of 184 gallons and a standard deviation of 41. Cyber operates Six days a week and orders from its supplier once each week. The supplier takes one week to deliver Cyber's order. 6 a. Suppose an order-up-to level of 2000 is used. What is the average order quantity? 1,104 10 points Suppose an order-up-to level of 2480 is used. What is the expected on-hand inventory? b. Use Table 14.1 eBook c. Suppose an order-up-to level of 2550 is used. What is the expected on-order inventory? References (Round your answer to 4 decimal places.) d. Suppose an order-up-to level of 2697 is used. What is the in-stock probability? Use Table 14.1 (Round your answer to 4 decimal places.) Suppose an order-up-to level of 2375 is used. What is the stockout probability? Use Table 14.1 e. ID f. Suppose Cyber Chemicals wants a 0.935 in-stock probability. What should the order-up- to level be? Use Excel and round to nearest integer Mc Graw Hill Education

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