home / study / business / economics / questions and answers / goop inc needs to order a raw material to make ... Your question has been answered Let us know if you got a helpful answer. Rate this answer Question: Goop Inc needs to order a raw material to make a s... Bookmark Goop Inc needs to order a raw material to make a special polymer. The demand for the polymer is forecasted to be Normally distributed with a mean of 250 gallons and a standard deviation of 100 gallons. Goop sells the polymer for $25 per gallon. Goops purchases raw material for $10 per gallon and Goop must spend $5 per gallon to dispose of all unused raw material due to government regulations. (One gallon of raw material yields one gallon of polymer.) If demand is more than Goop can make, then Goop sells only what they made and the rest of demand is lost. A.) Suppose goop purchases 300 gallons of raw material. What are the expected sales (in gallons) B.) Suppose Goop purchases 400 gallons of raw material. How much should it expect to spend on disposal costs (in dollars) C.) suppose goop wants to ensure that there is a 92% probability that is will be able to satisfy it's customers entire demand. How many gallons of the raw material should it purchase