Based on available information, lead time demand for PC jump drives averages 53 units (normally distributed), with a standard deviation of 4 drives. Management wants a 98% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 12PPS
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Based on available information, lead time demand for PC jump drives averages 53 units (normally distributed), with a standard deviation of
4 drives. Management wants a 98% service level. Refer to the standard normal table for z-values.
a) What value of Z should be applied?
Transcribed Image Text:Based on available information, lead time demand for PC jump drives averages 53 units (normally distributed), with a standard deviation of 4 drives. Management wants a 98% service level. Refer to the standard normal table for z-values. a) What value of Z should be applied?
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