At a Computer Manufacturing Company,the Actual Size of Computer Chips

question 35

Essay

At a computer manufacturing company,the actual size of computer chips is normally distributed with a mean of 1 cm and a standard deviation of 0.1 cm.A random sample of 12 computer chips is taken.
-What is the probability that the sample mean will be between 0.99 and 1.01 cm?

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Definitions:

Replenishment Cycle

The process and timeline involved in reordering and restocking products or materials to maintain inventory levels.

Supply Chain Planning

The process of forecasting demand, planning supply, and configuring the supply chain to meet customer needs while minimizing costs.

Supply Chain Design

The planning and structuring of a supply chain's architecture, involving decisions related to locations, capacities, and flow of goods and services.

Macro Processes

Large-scale processes that involve multiple operations or functions across an organization or within an economy, affecting overall performance or outcomes.