Which One of the Following Is Implied by an "Annual

question 39

Multiple Choice

Which one of the following is implied by an "annual" service level of 95 percent?

• A)Approximately 95 percent of demand between orders will be satisfied.
• B)The probability is 95 percent that all demand over the year will exceed supply.
• C)The probability is 95 percent that all demand over the year will equal supply.
• D)The probability is 95 percent that all demand over the year will not exceed supply.
• E)Approximately 95 percent of demand between orders will be lost.

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Definitions:

Feel Good

An emotional state or sensation of pleasure, happiness, or contentment.

Exhilaration

Exhilaration is a feeling of excitement, happiness, or elation, often resulting from an engaging or stimulating experience.

Endorphins

Natural pain-relieving chemicals produced by the brain that also promote feelings of pleasure and well-being.

Physically Exhausting

Refers to the state of extreme physical fatigue often resulting from demanding activity or exertion.