Question: Question 17 (5 points) Saved Daily demand at a store is normally distributed with a mean of 100 units and a standard deviation of 30

Question 17 (5 points) Saved Daily demand at a store is normally distributed with a mean of 100 units and a standard deviation of 30 units. The store opens 7 days a week. What is the standard deviation of the weekly demand combined? a) 265 b) 210 Oc) 79 d) 30 e) Non of the above NETP Previous Page 17. THE QUESTION STATES: DAILY DEMAND AT A STORE IS NORMALLY DISTRUBTED WITH A MEAN OF 100 UNITS AND A STANDARD DEVIATION OF 30 UNITS. THE STORE OPENS 7 DAYS A WEEK. WHAT IS THE STANDARD DEVIATION OF THE WEEKLY DEMAND COMBINED? THE ANSWER WAS NOT B 210 (THE ONE I HAVE HIGHLIGHTED IS INCORRECT)

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!

Question 33 (4 points) Average daily demand for a product is normally distributed with a mean of 6 units and a standard deviation of 1 units. Lead time is fixed at 3 days. What is the safety stock if...

Question 32 (4 points) Average daily demand for a product is normally distributed with a mean of 6 units and a standard deviation of 2 units. Lead time is fixed at four days. What is the reorder...

ime Limit: 2:00:00 Time Left:1:0053 Your Answer Question 34 (4 points) Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 11 units. Lead...

Four retail clothing stores sell a limited-edition holiday sweater during December. Since the sweater is seasonal and unsold units have no salvage value after the holiday, the stores follow the...

9 ) Which of the following does NOT contribute to distortions of information about what is occurring in the supply chain? A ) local optimization B ) quantity discounts C ) quotas D ) large lots E )...

It will be better if the answer are with Microsofe Excel. thanks Individual Assignment - 50 Points Note: Please show all calculations for your answers. If you are using Excel, please write down the...

Previous Page Next Page Page 12 of 35 Question 12 (1 point) Average daily demand for a product is normally distributed with a mean of 7 units and a standard deviation of 1 unit. Lead time is fixed at...

Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 1 units. Lead time is fixed at four days. What is the reorder point if there is no safety...

i need help on question 37 and 38 i am not sure if my answers are correct Average daily demand for a product is normally distributed with a mean of 8 units and a standard deviation of 7 units. Lead...

Using bases (B:) and acids (+BH) as needed, provide a curved-arrow mechanism for the conversion of the c-amino acid serine into formaldehyde and glycine (Eq. 25.53, p. 1242). Eq. 25.53 formaldehyde...

The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property...

Vav Ltd Vav Ltd ("Vav") is a clothing retailer with a 28 February financial yearend and stores nationwide. The entity plans to roll out a new clothing line, "Gimmel," on 30 April 2027. The total cost...

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...