7, | 3 | 2 | 3 | 3 | 1 | 5 | 5 | 9 | 7 | 7|0|5|1|8-5 6-9-3-8-4-1-8 4-5-6-7-8-9 3

Question

7, | 3 | 2 | 3 | 3 | 1 | 5 | 5 | 9 | 7 | 7|0|5|1|8-5 6-9-3-8-4-1-8 4-5-6-7-8-9 3 3-3-3-3-3 3-5-7-8-8 1-7|2|6|9|1|3|5 7-7-8-8-8 9-3 .4 5 | 6 | 7 | 8 | 9 | 0 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 90: 1. 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 th 1 5-6 8-6-5-4 0-1-2-3 2-4-6-9-3-6 6-3-9-6-4-2 5-6-6-7-8-9 3-3-3-4 7 2 2 3-9 2 1 5-5-8|4|1|2|4|8|4|2|0 1|3|5|8|1|4|7-0-4-8-2 3 (z 8-5 3 3-7, | | | 5 | 9 | 2 | 5 | 8 | 1 | 4 5-5-6-6-6-7-7-7-8-8-8-8 3-3-3-4-4 in 5-6-7-8-9-0-1 -1|-1|-1|-1|-o-o-o-o-o-o-o-o-o 5-8|1|5|0|7-7-9-5-5|1|3|3|2|3|7 .. | | 4 | 8 | 3 | 9-6. 2 1|1|2|2|3|5|7|0|3|9-6-5-7, | 2 | 2 | 7 | 9 | 9 | 8 | 7 | 9 | 6 | 8 | 8-8 1|2|3 8-0-3-7 2 8 .O 9 | 8 | 7 | 6 | 5 4 3 2 1 | 0 | 9 | 8 | 7 | 6 | 5 4 3 2 103-876-54.

Explanation / Answer

A Units are $ M Mean 225 Gallons S Std Dev 150 Gallons P Selling Price 23 Per gallon C Cost 9.5 Per gallon V Salvage 4 Per gallon (P-C) Cu Cost of underordering 13.5 (C-V) Co Cost of overordering 5.5 Cu/(Cu+Co) CR Critical Ratio 0.710526 Pv P value 0.710526 Order 308.2384 NORM.INV(Pv,M,S) Ans A B X 150 M+ZS =X So Z= X-M/S -0.50 Using table P 0.3085 Fulfillment 1-P Runout of raw material 0.6915 Ans B C X 275 M+ZS =X So Z= X-M/S 0.33 Using table For Z= 0.33 0.62915 P value Sales = X*Pvalue 173.02 Ans C D X 375 M+ZS =X So Z= X-M/S 1.00 Using table For Z = 1 0.8413 P value Sales = X*Pvalue 315.49 Wastage = (375-Sales) 59.51 Gallons Cost=Wastage* 4 238.05 $ Ans D E For P value 0.9 Z 1.3 from Table So X = M+ZS 420 Ans E

Related Questions

Navigate

• Browse (All)
• Browse 7
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.