Use Table 141 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 CFPs is normally distributed with a mean of 387 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 429 a. Suppose an order-up-to level of 2479 is used. What is the expected on-hand inventory? Use Table 14.1 and round to nearest integer 900 b. Suppose an order-up to level of 2489 is used. What is the expected on-order inventory? Round your answer to the nearest integer 0.5 c. Suppose an order-up to level of 2089 is used. What is the in-stock probability ? Use Table 14.1. Round your answer to one decimal 595 d. Suppose ACold wants a 0.95 in-stock probability. What should the order-up-to level be? Use Table 14.1. Round your answer to the nearest integer 0.1 0000 0000 5915 TABLE 14.1 The Distribution Function. For and the Inventory Function for the Standard Normal Distribution Function 2 F) 2) Fr) -4.0 0.0000 0.4509 5398 02 0.0000 -3.9 0.5069 5793 0.3 -3.8 0.0000 0001 0.5668 6179 0001 -3.7 0.0000 0.4 0.6304 6554 -3.6 0002 0.0000 05 0.6978 -35 0002 0.0001 06 7257 0.7667 -3.4 0003 0.0001 0.7 7580 0.8429 -33 0005 0.0001 08 7881 0.9202 -32 0007 0.0002 09 8159 1.0004 0010 0.0003 10 1.0833 8413 -3.0 0013 0.0004 1.1 1.1686 -2.0 0019 0.0005 1.2 8849 1.2561 -28 0026 0.0008 13 9032 13455 -27 0035 00011 1.4 9192 1.4367 -26 0047 0.0015 1.5 9332 1.5293 -25 0062 0.0020 9452 1.6232 -24 0082 0.0027 1.7 9554 1.7183 -23 0107 0.0037 1.8 9641 18143 0139 00049 19 9713 19111 -2.1 0179 0.0065 2.0 9772 20085 -2.0 0228 0.0085 2.1 9821 2. 1065 -1.9 0287 0.0111 22 9861 2.2049 -1.8 0359 0.0143 23 9893 2.3037 -1.7 0446 0.0183 24 9918 24022 0548 0.0232 2.5 9938 2.5020 -1.5 0668 00293 26 9953 2.6015 0808 00367 -2.7 9965 27011 -13 0968 0.0455 28 9974 28008 -12 1151 00561 20 9981 2.9005 -11 1357 0.0686 9987 3.0004 -1.0 - 1587 0.0833 9990 3.1003 --09 1841 0.1004 3.2002 -08 2119 0.1202 33 9995 3.3001 -07 2420 0.1429 34 9997 3.4001 -06 2783 0.1687 35 9998 35001 -05 3085 0.1978 35 3.6000 -0.4 02304 3.7 9999 27000 0.2668 33 9999 38000 -02 4207 0.3069 39 10000 3.9000 -0.1 4602 0.3509 10000 40000 5000 0.3989 -16 9993 -03 00