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Cheesy Brothers is a company based in Sheboygan, WI that man…

Posted byAnonymous October 5, 2024April 21, 2025

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Cheesy Brоthers is а cоmpаny bаsed in Shebоygan, WI that manufactures cheese sticks. The COO has studied the historical performance of the firm, in terms of: how many cheese sticks does the manufacturing plant produce per day. The COO looked at 3 years of historical data, and was able to calculate the following:  The expected number of cheese sticks produced per day = 25,000 sticks The variance of number of cheese sticks produced per day = 2,560,000 sticks squared The standard deviation of number of cheese sticks produced per day = 1,600 sticks  Based on the vast amount of historical information used by the COO to calculate the above data > we can assume that the above data is "normalized" > meaning it follows a Normal Distribution. And based on the above information, the COO has created a Normal Distribution (or "Bell Curve") diagram for the number of cheese sticks produced per day.   Use the above information to answer the following two questions:  1) If a customer ordered 25,000 cheese sticks for a same day delivery > what is the probability that Cheesy Brothers could fulfill that order? = [answer1] 2) Using the "Empirical Rule" what is the probability that on a given day, the number of cheese sticks produced will be between 23,401 and 26,599? = [answer2] 3) Using the "Empirical Rule" what is the probability that on a given day, the company will produce 23,400 cheese sticks or more? = [answer3]

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Tags: Accounting, Basic, qmb,

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