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

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9309314

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