Question: TABLE 14.1 The Distribution Function, F(z), and the Inventory Function, /(z), for the Standard Normal Distribution Function F(z) (z) Z F(z) I(z) -4.0 0000 0.0000

TABLE 14.1 The Distribution Function, F(z), and the Inventory Function, /(z), for the Standard Normal Distribution Function F(z) (z) Z F(z) I(z) -4.0 0000 0.0000 0.1 5398 0.4509 -3.9 0000 0.0000 0.2 5793 0.5069 -3.8 000 1 0.0000 0.3 6179 0.5668 -3.7 0001 0.0000 0.4 6554 0.6304 -3.6 0002 0.0000 0.5 6915 0.6978 -3.5 0002 0.0001 0.6 7257 0.7687 -3.4 0003 0.0001 0.7 .7580 0.8429 -3.3 0005 0.0001 0.8 .7881 0.9202 -3.2 0007 0.0002 0.9 8159 1.0004 -3.1 .0010 0.0003 1.0 8413 1.0833 -3.0 0013 0.0004 1.1 8643 1.1686 -2.9 0019 0.0005 1.2 8849 1.2561 -2.8 0026 0.0008 1.3 9032 1.3455 -2.7 0035 0.0011 1.4 9192 1.4367 -2.6 0047 0.0015 1.5 9332 1.5293 -2.5 0062 0.0020 1.6 9452 1.6232 -2.4 0082 0.0027 1.7 9554 1.7183 -2.3 0107 0.0037 1.8 9641 1.8143 -2.2 .0139 0.0049 1.9 .9713 1.9111 -2.1 0179 0.0065 2.0 9772 2.0085 -2.0 0228 0.0085 2.1 9821 2.1065 -1.9 0287 0.0111 2.2 9861 2.2049 -1.8 0359 0.0143 2.3 9893 2.3037 -1.7 0446 0.0183 2.4 9918 2.4027 -1.6 0548 0.0232 2.5 9938 2.5020 -1.5 0668 0.0293 2.6 9953 2.6015 -1.4 0808 0.0367 2.7 .9965 2.7011 -1.3 0968 0.0455 2.8 .9974 2.8008 -1.2 1151 0.0561 2.9 9981 2.9005 -1.1 1357 0.0686 3.0 9987 3.0004 -1.0 1587 0.0833 3.1 9990 3.1003 -0.9 . 1841 0.1004 3.2 9993 3.2002 -0.8 2119 0.1202 3.3 9995 3.3001 -0.7 .2420 0.1429 3.4 9997 3.4001 -0.6 2743 0.1687 3.5 9998 3.5001 -0.5 3085 0.1978 3.6 9998 3.6000 -0.4 3446 0.2304 3.7 9999 3.7000 -0.3 3821 0.2668 3.8 9999 3.8000 -0.2 4207 0.3069 3.9 1.0000 3.9000 -0.1 .4602 0.3509 4.0 1.0000 4.0000 0.0 5000 0.3989Use Table 14.1. ' 9 Answer is complete but not entirely correct. 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 nts 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 3 days after the order. Suppose an order-up-to level of 2459 is used. What is the expected on-hand 672 9 inventory? Use Table 14.1 and round to nearest integer

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