Pharmaceuticals orders its antibiotics every two weeks

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University Drug Pharmaceuticals orders its antibiotics every two weeks (14 days) when a salesperson visits from one of the pharmaceutical companies. Tetracycline is one of its most prescribed antibiotics, with average daily demand of 2,600 capsules. The standard deviation of daily demand was derived from examining prescriptions filled over the past three months and was found to be 450 capsules. It takes seven days for the order to arrive. University Drug would like to satisfy 98 percent of the prescriptions. The salesperson just arrived, and there are currently 29,800 capsules in stock.

How many capsules should be ordered? (Use Excel's NORMSINV() function to find the correct critical value for the given level. Do not round intermediate calculations. Round "z" value to 2 decimal places and final answer to the nearest whole number.)

Number of capsules ordered

Reference no: EM132176905

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