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A department store will place a sale item in a special display for a one-day sale. Previous experience suggests that 16 percent of all customers
A department store will place a sale item in a special display for a one-day sale. Previous experience suggests that 16 percent of all customers who pass such a special display will purchase the item. If 2,749 customers will pass the display on the day of the sale, and if a one-item-per-customer limit is placed on the sale item, how many units of the sale item should the store stock in order to have at most a 1 percent chance of running short of the item on the day of the sale? Assume here that customers make independent purchase decisions.
0 e i ezto.mheducation.com 1 C 9 Facebook II Arthur Nery - Best Playiist 2022 - YouTube 1) x m Question 6 Chapter 7 Exercises - Conn... u Homework Help 0&Afmm Online Tutor... Chapter 7 Exercises 0 Saved Help A department store will place a sale item in a special display for a one-day sale. Previous experience suggests that 16 percent of all customers who pass such a special display will purchase the item. If 2,749 customers will pass the display on the day ofthe sale, and if a one-itemper-customer limit is placed on the sale item, how many units of the sale item should the store stock in order to have at 2 most 31 percent chance of running short ofthe item on the day of the sale? Assume here that customers make independent purchase points decisions. (Round your answer to nearest whole number.) Number of units References Next > gStep by Step Solution
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