Question: in a two bin inventory system, the demand for three inch lag bolts during the two week lead time is normally distributed, with an average

in a two bin inventory system, the demand for three inch lag bolts during the two week lead time is normally distributed, with an average of 47 units per week The standard deviation of weekly demand is 6 units a. What is the probability of demand exceeding the reorder point when the normal level in the second bin is set at 110 units? Refer to the standard normal table as needed The probability is % (Enter your response rounded to two decimal places) b. What is the probability of demand exceeding the 110 units in the second bin if it takes three weeks to receive a replenishment order? Refer to the Standard normal table as needed The probability is % (Enter your response rounded to two decimal ploons) Time Remaining: 01:55:07 Next

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