Question
Can you please help me with this question? Can you show me how to the calculations and get the answers? As a purchasing manager, you
Can you please help me with this question? Can you show me how to the calculations and get the answers?
As a purchasing manager, you are assessing the delivery time of two potential package delivery companies to your facilities overseas. Federal Express has delivery time that is normally distributed with population mean = 34 hours with population standard deviation = 3 hours while DHL has delivery time that is normally distributed with population mean = 36 hours with population standard deviation = 5 hours. Your maximum desired delivery time is 32 hours.
- a)There is a 65% probability that delivery time with DHL will be greater than what amount of hours (include 2 decimals)?
- b)You will evaluate the delivery companies based on their likelihood of
meeting your maximum desired delivery time. Which supplier is expected to have a smaller likelihood of meeting your maximum desired delivery time of 32 hours (justify your response)?
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Introduction to Real Analysis
Authors: Robert G. Bartle, Donald R. Sherbert
4th edition
471433314, 978-1118135853, 1118135857, 978-1118135860, 1118135865, 978-0471433316
