Mathematics, 16.10.2020 06:01 poonwagon994
Hertz Brothers, a small, family-owned radio manufacturer, produces electronic components domestically but subcontracts the cabinets to a foreign supplier. Although inexpensive, the foreign supplier has a qualitycontrol program that leaves much to be desired. On the average, only 80% of the standard 1600-unit shipment that Hertz receives is usable. Currently, Hertz has back orders for 1260 radios but storage space for no more than 1310 cabinets. What are the chances that the number of usable units in Hertz’s latest shipment will be large enough to allow Hertz to fill all the orders already on hand, yet small enough to avoid causing any inventory problems?
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Hertz Brothers, a small, family-owned radio manufacturer, produces electronic components domesticall...
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