Introduction to Management Science 12th Edition by Bernard Taylor

تمرين 19

A market in Boston orders oranges from Florida. The oranges are shipped to Boston from Florida by railroad, truck, or airplane; an order can take 1, 2, 3, or 4 days to arrive in Boston once it is placed. The following probabilities have been assigned to the number of days it takes to receive an order once it is placed (referred to as lead time ):
Compute the expected number of days it takes to receive an order and the standard deviation.