The number of burritos the kiosk make for the lunch crowd.

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Answer 1

Question

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

c)

Summary Introduction

To determine: The number of burritos expected to sell.

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

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Charlie’s Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie’s Pizza uses an average of 150 pounds of pepperoni each week, with a standard deviation of 30 pounds. Charlie’s prides itself on offering only the best quality ingredientsand a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 500 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order? (Answer in Appendix D)

Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie's Pizza uses an average of 180 pounds of pepperoni each week, with a standard deviation of 28 pounds. Charlie's prides itself on offering only the best-quality ingredients and a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 450 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni.

Charlie's Pizza orders all of its pepperoni, olives, anchovies, and mozzarella cheese to be shipped directly from Italy. An American distributor stops by every four weeks to take orders. Because the orders are shipped directly from Italy, they take three weeks to arrive. Charlie's Pizza uses an average of 180 pounds of pepperoni each week, with a standard deviation of 28 pounds. Charlie's prides itself on offering only the best-quality ingredients and a high level of service, so it wants to ensure a 98 percent probability of not stocking out on pepperoni. Assume that the sales representative just walked in the door and there are currently 450 pounds of pepperoni in the walk-in cooler. How many pounds of pepperoni would you order? Use Excel's NORM.S.INV() function to find the z value. Do not round intermediate calculations. Final answer should be to the nearest whole number.

Answer 2

Question

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

c)

Summary Introduction

To determine: The number of burritos expected to sell.

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

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Answer 3

Question

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

c)

Summary Introduction

To determine: The number of burritos expected to sell.

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

Expert Solution & Answer

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Answer 4

Question

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

c)

Summary Introduction

To determine: The number of burritos expected to sell.

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

Expert Solution & Answer

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Answer 5

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

c)

Summary Introduction

To determine: The number of burritos expected to sell.

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

Answer 6

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

Answer 7

Chapter 13, Problem 10PA

a)

Summary Introduction

To determine: The number of burritos the kiosk make for the lunch crowd.

Answer 8

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

Answer 9

b)

Summary Introduction

To determine: The number of burritos expected to be discarded at the end of the day.

Answer 10

c)

Summary Introduction

To determine: The number of burritos expected to sell.

Answer 11

c)

Summary Introduction

To determine: The number of burritos expected to sell.

Answer 12

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

Answer 13

d)

Summary Introduction

To determine: The expected profit including the profit from the sale of sodas.

Answer 14

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

Answer 15

e)

Summary Introduction

To determine: The probability that some customer are unable to purchase a burrito.

Answer 16

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

Answer 17

f)

Summary Introduction

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

Answer 18

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

Answer 19

g)

Summary Introduction

To determine: The number of burritos to be made to attain the maximum profit.

Answer 20

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Answer 21

Expert Solution & Answer

Answer 22

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Answer 23

Ch. 13 - Which of the following is NOT true about the...Ch. 13 - A newsvendor orders the quantity that maximizes...Ch. 13 - Prob. 3CQ Ch. 13 - Suppose the newsvendor model describes a firms...Ch. 13 - Prob. 5CQ Ch. 13 - Prob. 6CQ Ch. 13 - A retailer has two merchandizers, Sue and Bob, who...Ch. 13 - Prob. 8CQ Ch. 13 - Which of the following changes in the in-stock...Ch. 13 - Prob. 10CQ

The number of burritos the kiosk make for the lunch crowd.

Solution Summary: The author calculates the number of burritos that the kiosk makes for the lunch crowd, based on the demand table and critical ratio.

Concept explainers

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To determine: The number of burritos the kiosk make for the lunch crowd.

To determine: The number of burritos expected to be discarded at the end of the day.

To determine: The number of burritos expected to sell.

To determine: The expected profit including the profit from the sale of sodas.

To determine: The probability that some customer are unable to purchase a burrito.

To determine: The number of burritos to be made to achieve a 0.985 probability of that that sufficient inventory is present for the customers.

To determine: The number of burritos to be made to attain the maximum profit.

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Chapter 13 Solutions