Question: i went through and solved variables in excel and got it wrong i dont know how Problem 20-14 (Algo) 4 hits Charlie's Pizza orders all
i went through and solved variables in excel and got it wrong i dont know how
Problem 20-14 (Algo) 4 hits Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every six weeks to take orders. Because the orders are shipped directly from Italy, they take five weeks to arrive. Charlie's Pizza uses an average of 190 pounds of pepperoni each week, with a standard deviation of 30 pounds. Charlie's prides itself on offering only the best-quality ingredients and a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 500 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order? (Use Excel's NORMSINVO function to find the correct critical value for the given o-level . Do not round intermediate calculations. Round "value to 2 decimal places and final answer to the nearest whole number.) Answer is complete but not entirely correct. Amount of pepperondered 1.822 pounds
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