Julie's Diamond Boutique Is Very Concerned with Its Order Policies

question 60

Essay

Julie's Diamond Boutique is very concerned with its order policies related to one-carat diamond solitaires.Their current policy is to order 10 diamonds whenever their inventory reaches 6 diamonds (unless there is already an ordered delivery due).Currently there are 8 diamonds on hand.Orders are placed at the end of the month and take one month to arrive .The following distribution of monthly sales has been developed using historical sales.If Julie's Diamond Boutique does not have a diamond on hand,it will result in a lost sale.Use the following random numbers to determine the number of lost sales of one-carat solitaires at the store over 12 months.
Random numbers for sales: 10,24,03,32,23,59,95,34,34,51,08,48

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Definitions:

Alzheimer's Disease

A progressive neurological disorder that causes memory loss, cognitive decline, and eventual loss of the ability to carry out everyday activities.

Tau Proteins

Proteins that stabilize microtubules in the brain, abnormal accumulations of which are implicated in various neurodegenerative diseases.

Acetylcholine

A neurotransmitter involved in muscle activation and various cognitive functions in the brain.

Glutamate

A common neurotransmitter that has been linked to memory and to dementia.