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Additional Algo 14-3 Standard Deviation of Demand Over Multiple Periods Each period, demand for apples is normally distributed with a mean of 290 and standard deviation of 70 Round your answer to two decimal places. What is the standard deviation of demand over 2 periods? PA 14-5 A Cold Inc is a frozen food distributor with... Use Table 141 ACold Inc is a frozen food distributor with 10 warehouses across the country. Ivan Tory, one of the warehouse managers, wants to make sure that the inventory policies used by the warehouse are minimizing inventory while still maintaining quick delivery to ACold's customers. Since the warehouse carries hundreds of different products, Ivan decided to study one. He picked Caruso's Frozen Pizza (CFP) Average daily demand for CFPs is normally distributed with a mean of 400 and a standard deviation of 152. Since ACold orders at least one truck from their supplier each day, ACold can essentially order any quantity of CFP it wants each day. In fact, ACold's computer system is designed to implement an order-up-to policy for each product. Ivan notes that any order for CFPs arrives 4 days after the order es a. Suppose an order-up-to level of 2410 is used. What is the expected on-hand inventory? Use Table 14.1 and round to nearest integer. TABLE 14.1 The Distribution Function, F(x), and the Inventory Function, I(2), for the Standard Normal Distribution Function Z F(z) 2 F(2) -4.0 -3.9 .0000 .0000 .0001 -3.8 -3.7 -3.6 0.1 0.2 0.3 0.4 0.5 0.6 0001 .0002 -3.5 0.4509 0.5069 0.5668 0.6304 0.6978 0.7687 0.8429 0.9202 1.0004 1.0833 0.7 -3.4 -3.3 -3.2 -3.1 -3.0 -2.9 -2.8 -2.7 0.8 0.9 1.0 1.1 5398 5793 .6179 .6554 .6915 .7257 .7580 .7881 8159 .8413 8643 .8849 9032 .9192 .9332 .9452 .9554 9641 .9713 1.2 .0002 .0003 .0005 .0007 0010 .0013 .0019 .0026 .0035 .0047 0062 .0082 0107 .0139 0179 0228 .0287 0359 1.3 1.4 0.0000 0.0000 0.0000 0.0000 0.0000 0.0001 0.0001 0.0001 0.0002 0.0003 0.0004 0.0005 0.0008 0.0011 0.0015 0.0020 0.0027 0.0037 0.0049 0.0065 0.0085 0.0111 0.0143 0.0183 0.0232 0.0293 0.0367 0.0455 0.0561 0.0686 0.0833 1.1686 1.2561 1.3455 1.4367 1.5293 1.6232 -2.6 -2.5 -2.4 -23 -2.2 -2.1 -2.0 -1.9 1.5 1.6 1.7 1.8 1.9 2.0 2.1 22 23 2.4 .9772 9821 .9861 9893 -1.8 -1.7 2.5 -1.6 -1.5 -1.4 0446 0548 .0668 .0808 0968 .1151 1357 .1587 1.7183 1.8143 1.9111 2.0085 2.1065 2.2049 2.3037 2.4027 2.5020 2.6015 2.7011 2.8008 2.9005 3.0004 3.1003 3.2002 3.3001 2.6 2.7 28 -1.3 - 1.2 2.9 3.0 - 1.0 -0.9 3.1 1841 3.2 .9918 .9938 9953 9965 9974 .9981 9987 9990 9993 9995 .9997 9998 9998 .9999 9999 1.0000 1.0000 -0.8 3.3 3.4 3.5 0.1004 0.1202 0.1429 0.1687 0.1978 0.2304 0.2668 0.3009 0.3509 1-07 -06 -05 -0.4 -0.3 -0.2 -0.1 36 2119 2420 2743 3085 3446 3821 4207 4602 3.7 3.4001 35001 3.6000 3.7000 3.8000 3.9000 4.0000 3.8 3.9 4.0 0.0 5000 0.3989