Answer: 289 units
Step-by-step explanation:
Given the following :
Inventory (I) = 180
Lead time (L) = 7 days
Review time (T) = 2 weeks = 14 days
Demand (D) = 20
Standard deviation (σ) = 5
Zscore for 95% probability = 1.645
Units to be ordered :
D(T + L) + z(σT+L)
(σT+L) = √(T + L)σ²
= √(14 + 7)5²
= √(21)25
= 22.9
D(T + L) + z(σT+L) - I
20(14 + 7) + 1.645(22.9 + 7) - I
= 420 + 49.1855 - 180
= 289.1855
= 289 quantities
Answer:
Step-by-step explanation:
Confidence interval is written in the form, sample mean ± margin of error
The sample mean is an estimator for the population mean. The confidence level is used to express how confident we are that the population mean is within the calculated confidence interval. The lower limit of the given confidence interval is 2.619 hours/day while the upper limit of the confidence interval is 3.401 hours/day
Therefore, the INVALID interpretations of the 95% confidence interval are
A. About 95% of all Cal Poly students spend between 2.619 and 3.401 hours/day watching TV.
B. There is a 95% chance that, on average, Cal Poly students spend between 2.619 and 3.401 hours/day watching TV.
D. In the long run, 95% of the sample means will be between 2.619 and 3.401 hours.
E. None of the above.
Answer:
The answer would be the 2nd, 3rd, and 5th option on ed
Step-by-step explanation:
8 total pens....4 are black
first pick, probability of being black is 4/8
2nd pick. without replacing, probability is 3/7
probability of a black pen picked first and then another black pen picked again is : 4/8 * 3/7 = 12/56 = 0.21
Answer:
make those cheeks go in circuler motion
Step-by-step explanation:
