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The weekly demand for 5-pound sacks of flour at a particular supermarket is assumed to...

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Finance

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The weekly demand for 5-pound sacks of flour at a particular supermarket is assumed to be approximately normal with mean 72 cases and standard deviation 1.6 cases. a) What is the probability that demand is greater than 74 cases in a particular week. b) What is the probability that demand is between 71.2 cases and 72.8 cases in a particular week? c) The ordering policy of the market is that there be a 1% chance of stockout (demand exceeding supply) in any particular week. How much flour must be stocked to achieve this goal

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