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Colin Alexander, a business analyst at Market Fresh Foods, is developing a simulation model to analyze the impact of changes to the company's operating policies
Colin Alexander, a business analyst at Market Fresh Foods, is developing a simulation model to analyze the impact of changes to the company's operating policies on performance. Currently, Colin believes the lead time (days) from the company's distribution center follows a shifted exponential distribution with with minimum time 21.57 (days) and rate 0.0361763502147582 for the variable portion. Find the maximum lead time (days) from the company's distribution center at 0.79 confidence: Note: enter answer to two decimal places
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