A supermarket sells one particular item in its store on a regular basis. It currently has 750…

A supermarket sells one particular item in its store on a regular basis. It currently has 750 units of this item in stock and no deliveries are expected until next week. The manager knows that average weekly sales of this item are 625, standard deviation of 55, and that sales are Normally distributed. Calculate the probability that the firm will not have enough stock to meet sales.

 

 

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