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Based on available information, lead time demand for CD-ROM drives averages 250 units (normally distributed), with a standard deviation of 25 drives. Management want s a 98% service level.
A) How many drives should be carried as safety stock?
B) What is the appropriate ROP?
chicago ohare and atlanta hartsfield-jackson are the two busiest airports in the unitedstates. the congestion often
From past experience, a server at a restaurant knows that her tips follow a right-skewed distribution with mean $6 and standard deviation $4.
Do you try to pad your insurance claim to cover your deductible? About 40% of all U.S. adults will try to pad their insurance claims. Suppose that you are the director of an insurance adjustment office.
B is independent of C or not? Focus on probabilities assigned in the subsets, 0.05 is repeated in C, but 0.10 is repeated in B, so P(A∩C)=?
suppose a population proportion is .40 and 80 of the time when you draw a random sample from this population you get a
1. in a random sample of six microwave ovens the mean repair cost was 65.00 and the standard deviation was 11.50.
A life insurance policy has determined that each week an average of seven claims is filed in its Nashville branch. What is the probablity that durning the next week exactly seven claims will be filed?
What is the probability that a worker at Random drives more that 15 miles to work if the distribution of all worker's mileage is a Normal Distribution that ranges from 4 miles to 26 miles?
we calculate a statistical power and find that it is 0.93. this means that if the null hypothesis is we have a chance
question the manufacturer of a steel-belted radial tire claims that the mean mileage the tire can be driven before the
Describe your selected research issue, problem, or opportunity. Formulate both a numerical and verbal hypothesis statement concerning your selected research issue, problem, or opportunity.
a manufacturer of industrial solvent guarantees its customers that each drum of solvent they ship out contains at least
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