Suppose the annual demand for Soni DVD players at an appliance store is normally distributed with mean 150 and standard deviation 45. When the store orders these DVD players from its supplier, it takes an amount of time L for the order to arrive, where L is measured as a fraction of a year. In each of the following, find the meanf the demand during lead time.
a. Assume that L is known to be 3/52, that is, 3 weeks.
b. Assume that L is uncertain, with mean 3/52 and standard deviation 1/52.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here