A company uses 85 circuit boards a day in a manufacturing process. The person who ordersthe boards follows this rule: Order when the amount on hand drops to 625 boards. Orders are delivered approximately six days after being placed. The delivery time is normal with a mean ofsix days and a standard deviation of 1.10 days. What is the probability that the supply of circuitboards will be exhausted before the order is received if boards are reordered when the amount onhand drops to 625 boards?

A company uses 85 circuit boards a day in a manufacturing process. The person who ordersthe boards follows this rule: Order when the amount on hand drops to 625 boards. Orders are delivered approximately six days after being placed. The delivery time is normal with a mean ofsix days and a standard deviation of 1.10 days. What is the probability that the supply of circuitboards will be exhausted before the order is received if boards are reordered when the amount onhand drops to 625 boards?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter11: Simulation Models

Section: Chapter Questions

Problem 47P

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