Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete. 6 5 4 7 unable to determine with the above information

P(3,7) = 0.95

He should prepare between 3 and 7 doughnuts    

Step-by-step explanation:

We need determine C such that

P(μ-c, μ+c) = 0.95

               Where μ: Mean of doughnuts demands

For calculating C, we may use the table of the normal standard distribution

If P(μ-c, μ+c) = 0.95 by symetria P(μ+c) = 0.975, then

              (μ+c-μ)/δ

                                Where δ: Standard deviation

How     1.96

             1.96 =

             1.96 = c

Thus

P(3.04, 6.96) = 0.95

P(3,7) = 0.95

He should prepare between 3 and 7 doughnuts    

b

step-by-step explanation:

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: