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An electronics store has hired you as a consultant to help them figure out inventory for a specific computer. Assume, on average, 3.5 of these
An electronics store has hired you as a consultant to help them figure out inventory for a specific computer. Assume, on average, 3.5 of these computers are sold each day and that this demand can be modeled by a Poisson distribution. Suppose it is the end of the current month, and a supplier is set to make a delivery to the store. If the store currently has an inventory of 40 of these computers, how many more computers would the store need from the supplier to ensure their probability of running out next month is less than 5%? Assume the supplier only makes a delivery once a month. Assume there are 30 days in a month
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