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University Drug Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the pharmaceutical companies. Tetracycline is one of
University Drug Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the pharmaceutical companies. Tetracycline is one of its most prescribed antibiotics, with an average daily demand of 2,900 capsules The standard deviation of daily demand was derived from examining prescriptions filled over the past three months and was found to be 450 capsules. It takes four days for the order to arrive. University Drug would like to satisfy 99 percent of the prescriptions. The salesperson just arrived, and there are currently 27,400 capsules in stock. How many capsules should be ordered? (Use Excel's NORMSINV() function to find the correct critical value for the given a-level. Do not round intermediate calculations. Round "Z" value to 2 decimal places and final answer to the nearest whole number.) Number of capsules ordered
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