Quantitative Analysis for Management, 13/e

Long description

The following key appears below the bell curve diagram:

• Mu equals mean demand equals 350

• Sigma equals standard deviation equals 10

• X equals the sum of Mean demand and safety stock

• SS equals safety stock equals the difference of X and sigma equals Z times sigma

• Z equals X minus mu the difference divided by sigma

The bell curve diagram itself appears as follows:

• A vertical line bisects the bell curve

• This line is labelled mu equals 350

• A small portion of the far right of the curve is shaded. An arrow points to this section and states “5 percent area of normal curve.”

• An open bracket facing the horizontal axis spans the area between the mu and shaded section; this area is labelled S S.

• The area underneath the shaded section is labelled ...