The raquet club is normally distributed

Assignment Help Operation Management
Reference no: EM1384055

Weekly demand for tennis balls at The Raquet Club is normally distributed , with a mean of 35 cases and a standard deviation of 5 cases. The club gets a profit of $50 per case. a) Stimulate 52 weeks of demand and calculate the average weekly profit. Make all demand values integers in your model. b) What is the probability that weekly profit will be $2,000 or more?

Reference no: EM1384055

Questions Cloud

Neuroendocrine control of cardiovascular function : A seventy-five year-old woman with congestive heart failure complains that her condition gets worse when she worries and is under a lot of stress.
Find percent of the population heterozygous : In a hypothetical population of sawflies, 20 percent of the population ishomozygous for allele A and 45  percent is homozygous for allele.
Concept of personal constructs : Could someone describe the concept of personal constructs? What is a personal construct? How are personal constructs related to social perspectives?
Write grammar for language comprising of strings : Write down the grammar for language comprising of strings which have n copies of letter a followed by same number of copies of letter b, where n > 0.
The raquet club is normally distributed : Weekly demand for tennis balls at The Raquet Club is normally distributed , with a mean of 35 cases and a standard deviation of 5 cases
Total pressure when combined at constant temperature : 3.0L of He gas at 5.6 atm pressure and 25 o C and 4.5L of Ne gas at 3.6atm and 25 o C are combined at constant temperature of 25 o C into a 9.0L flask. What is the total pressure (in atm) in the 9.0L flask?
Alignment of perceptions with influence of society : The Statement is: I've heard that the stronger the influence of society regarding certain issues, the more likely our perceptions will be in alignment with viewpoints of society as a whole.
Analyzing the hypothesis : A recent report hypothesized that the IQ of children that are first-born differs from those that are born later.    They found that first-born children have higher IQ’s than later born children, but you do not believe this is correct.
Convert requirement to logic and then to sql : Prepare the SQL query for each of given requirements. Convert requirement to logic, then to SQL. Illustrate the names of all products which have been sold.

Reviews

Write a Review

Operation Management Questions & Answers

  Explain how have changes in technology affected

Explain how have changes in technology affected our access to recorded music also the control exercised by traditional distributors. Explain how will all these changes affect cultural trends also our expectations of music as an art form? Offer sp..

  Wiley estimates which this policy

Wiley estimates which this policy will result in a drop in demand to 36 VCR's per week. Order also holding costs will remain same. Should Wiley adopt this policy. Explain why or explain why not.

  How many containers should jitson authorize for the gear

Setup times are negligible. If the policy variable for unforeseen contingencies is set at 5 percent, explain how many containers should Jitson authorize for the gear replenishment system.

  Describe approach you would take also to develop the plan

Suppose your boss asked you to develop a scheduling plan for a project. Describe what approach you would take also the steps you would follow to develop the plan.

  Give an example of a good decision

Give an example of a good decision you made that resulted in a bad outcome or an example of a bad decision you made that had a good outcome. Why was the decision considered good or bad?

  Explain how much tax if any they would save

Sell bonds from Part a rather than give m to their daughter also buy tax-exempt bonds that pay 6%. Assume bonds can be sold for an amount equal to their basis of $5,000.

  Rivets used to secure the stainless steel sheet metal

Rivets used to secure the stainless steel sheet metal of aircraft wings are designed to withstand certain shearing forces. It is known that because of random variations in location the load on a rivet is Weibull distributed with a scale parameter ..

  Illustrate what is most significant event in evolution

Elucidate how has structure of today's organization changed from organization of past. Illustrate what is most significant event in evolution of organizational structure. Defend your response.

  Illustrate what happens to the system over time

Draw a diagram of the factory also find out the maximum rate at which the market can be served if all valves are set to maximum. Illustrate what happens to the system over time.

  Elucidate what is average cost per unit if the work force

Elucidate what is the average cost per unit if the work force is maintained at a level so which overtime can be used to the maximum of 25% of regular hours during the peak period in period 5.

  Explain how has technology fostered new cost effective

Explain how has technology fostered new cost effective virtual methods of training. Discusses explain how shift from labour intensive manufacturing to automation has affected product costing.

  Explain how does culture affects the role of pay

Explain how does culture affects the role of pay as a motivating force for employees. Would this issue be raised differently in the United States.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd