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Every day a bakery prepares its famous cup-cakes. The daily demand for cakes is normally distributed with a mean of 850 and a standard deviation
Every day a bakery prepares its famous cup-cakes. The daily demand for cakes is normally distributed with a mean of 850 and a standard deviation of 90. How many cup-cakes should the bakery make so that the chances of running short on any day are not more than 20%
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Business Analytics Data Analysis and Decision Making
Authors: S. Christian Albright, Wayne L. Winston
5th edition
1133629601, 9781285965529 , 978-1133629603
