Question: I tried 12.895 and 12,331.5, both are wrong 14 Additional Algo 13-10 Order Quantity to Achieve a Service Level 4 points Demand for a product

I tried 12.895 and 12,331.5, both are wrong 14

I tried 12.895 and 12,331.5, both are wrong

14 Additional Algo 13-10 Order Quantity to Achieve a Service Level 4 points Demand for a product is normally distributed with a mean of 11,400 and a standard deviation of 1,150. The newsvendor wants to achieve an in-stock probability of 0.89. Roundup your answer to the next whole number How many units should be ordered? 12,895 units eBook

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

In Part III (Appendix 11B) of the audit case, the audit staff of Adams, Barnes & Co. identified specific revenue risks on working paper RA-12 (page 494). However, the Summary of Audit Approach...

Another person solved it on chegg and got 12,895 but it still states that its wrong 14 Additional Algo 13-10 Order Quantity to Achieve a Service Level 4 points Demand for a product is normally...

Check m 14 Additional Algo 13-10 Order Quantity to Achieve a Service Level 4 Demand for a product is normally distributed with a mean of 11,400 and a standard deviation of 1,150. The newsvendor wants...

I tried 30.058 and 30695. They're both wrong. 15 Additional Algo 13-11 Order Quantity to Achieve a Service Level 4 points Demand for a product is normally distributed with a mean of 24,000 and a...

I dont know why I keep getting marked wrong 15 Additional Algo 13-11 Order Quantity to Achieve a Service Level 4 points Demand for a product is normally distributed with a mean of 24,000 and a...

Check my work Additional Algo 13-10 Order Quantity to Achieve a Service Level Demand for a product is normally distributed with a mean of 10,100 and a standard deviation of 1,475. The newsvendor...

Additional Algo 13-10 Order Quantity to Achieve a Service Level Demand for a product is normally distributed with a mean of 10,900 and a standard deviation of 1,275. The newsvendor wants to achieve...

Additional Algo 13-10 Order Quantity to Achieve a Service Level Demand for a product is normally distributed with a mean of 11,300 and a standard deviation of 1,175 . The newsvendor wants to achieve...

Additional Algo 13-10 Order Quantity to Achieve a Service Level Demand for a product is normally distributed with a mean of 12,100 and a standard deviation of 1,200 . The newsvendor wants to achieve...

Additional Algo 13-8 Expected Profit A grocer purchases pomegranates for $3.20 per pound and sells them for $4.52 per pound. At the end of the sales cycle, leftover pomegranates are sold for a...

Additional Algo 1311 Order Quantity to Achieve a Service Level Demand for a product is normally distributed with a mean of 29,000 and a standard deviation of 2,100 . The newsvendor wants to achieve a...

Data for the California, Midwest, Northwest, and Texas divisions of Firefly Industries are as follows: a. Determine the missing items, identifying each by the letters (a) through (l). Round profit...

Steller Co sells $430000 of 12% bond on June 1 2020. The bond pays interest on December 1 and June 1. The due date of the bond is June 1, 2021. The bond yield 10% on October 1,2021, Steller buys back...

14. (Yes/No): Is it possible for the NEG instruction to set the Overflow flag?

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...