A Distribution of Lead Times in an Inventory Problem Indicates

question 27

Multiple Choice

A distribution of lead times in an inventory problem indicates that lead time was 1 day 20 percent of the time, 2 days 30 percent of the time, 3 days 30 percent of the time, and. 4 days 20 percent of the time. This distribution has been prepared for Monte Carlo analysis. The first four random numbers drawn are 06, 63, 57, and 02. The average lead time of this simulation is

• A) 1.75 days
• B) 2 days
• C) 3 days
• D) 3.5 days
• E) none of these

---

Definitions:

Lev Vygotsky

Lev Vygotsky was a Russian psychologist who contributed significantly to developmental psychology, especially known for his theories on cultural-historical psychology and the zone of proximal development.

Deferred Imitation

A cognitive behavior observed in children, where they are able to replicate an action after a delay, demonstrating memory and understanding of the behavior.

Dynamic Systems

A conceptual framework in several scientific fields for understanding how complex behaviors emerge through interactions within and between systems over time.

Metacognitive Systems

Cognitive systems that involve understanding and controlling one's own learning and thought processes.