Question: MANAGERIAL STATISTICS QUESTION: PLEASE PROVIDE WORK AND FORMULAS PER QUESTION The montly demand for a company's product follows a normal distribution and has an average

MANAGERIAL STATISTICS QUESTION: PLEASE PROVIDE WORK AND FORMULAS PER QUESTION

The montly demand for a company's product follows a normal distribution and has an average 10,000 units with a standard deviation of 3,000 units. Currently the company has 12,000 units in inventory available to satisfy demand. (a) What is the chance the company sells its entire inventory? (b) What is the chance it has at least 9000 units left unsold at the end of the month? (c) What is the probability it sold 5000 to 9000 units?

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