Problem 1: A bank wants of provide a 99% daily service level at their ATM. This means that 99 days out of 100 days, the ATM will still have cash in it at the close of the day (10:00 pm). Of course, this also means that 1 day out of 100 days there will be customers who are turned away from the ATM due to insufficient cash for customer withdrawals. Past data illustrating the daily total of cash withdrawals is Normally distributed with mean daily total of $4,125 and a standard deviation of $500. How much money must be in the ATM at the start of each day to achieve an approximate 99% service level? What do we know? What do we want to find? What do you expect the answer to be? How do I go from what I know to what I want to find out? Does this answer seem reasonable