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Assignment-contemporary decision making

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Assignment: Contemporary Decision Making

A warehouse manager, Jane, needs to determine how many order pickers she should staff. The daily demand is normally distributed with a mean of 58,855 parts and a standard deviation of 4876 parts. The number of parts that order pickers pick daily is normally distributed with a mean of 6012 parts and a standard deviation of 163 parts.

Design a simulation using excel to help Jane determine how many order pickers she should hire so that demand is satisfied 97.5% of the time.

Please explain your workings.

Reference no: EM131210320

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