If the average of our sales is 10 per month and the standard deviation is 10...

Question

Question

If the average of our sales is 10 per month and the standard deviation is 10 how much inventory would we need to ship 95% complete and on time?

If our sales are 10 per month and we want to ship 99.7% complete and on time and our standard deviation is 5 how much inventory would be need?

Answer 1

Answer #1

Page No.: Date: 11 1 given dreta: © jalo 10 . Ploc&?) = 0.95 ...221.645 From normal distribution table) 2=OCOC 2. 1645 = 06-1

Answer 2

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