Kooyman hardware sells 17 different types of drills. They had demand for all types of drills...
Kooyman hardware sells 17 different types of drills. They had demand for all types of drills they sell, but only had 100% inventory to satisfy 6 of the drills. For the remaining 11 drills, they could satisfy 82 percent of the demand. Find the in-stock probability.
Homework Answers
in-stock probability would be 15 drills the calculation is as follows 6 drills*100% + 11*82% = 15 drills
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Kooyman hardware sells 17 different types of drills. They had
demand for all types of drills...
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