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0) Ms. Organa, the CEO of Skywalker Inc. recognized that competition between these two historic rivals was ultimately unprotable and successfully negotiated an acquisition of
0) Ms. Organa, the CEO of Skywalker Inc. recognized that competition between these two historic rivals was ultimately unprotable and successfully negotiated an acquisition of Vader Enterprises by Skywalker Inc. She decided to discontinue both BlueSaber and RedSaber product lines, and plans to offer a new integrated product combining the best features of both old products, marketing it under the name GreenSaber. However, because the new product requires a different production process, Skywalker Inc. '5 manufacturer is only able to use a single production run to fulfill demand for both months of July 2019 and August 2019. The demand for GreenSaber in July 2019 remains normally distributed with mean 100 and standard deviation 20. The demand in August 2019 is normally distributed with mean 120 and standard deviation 2S and the demand in both months have a correlation of +0.2. (L) What is the expected total demand for GreenSaber for the months of July 2019 and August 2019 combined? (2 marks) (ii.) What is the standard deviation of total demand for GreenSaber for the months of July 2019 and August 2019 combined? (3 marks) {iii.) If Skywalker Inc. held 220 units of GreenSaber at the start of July, and is unable to replenish its inventory until the end of August 2019, what is the probability that it illy stocks out of GreenSaber by the end of August 2019? (2 marks) (i) 220 units 2 marks (ii) = SQRTU 125) = 35 units 3 marks (iii) 50% 2 marks
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