If Daily Demand Is Normally Distributed with a Mean of 15

question 24

Multiple Choice

If daily demand is normally distributed with a mean of 15 and standard deviation of 5, and lead time is constant at 4 days, 90 percent service level will require safety stock of approximately

• A) 7 units
• B) 10 units
• C) 13 units
• D) 16 units
• E) 26 units

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Definitions:

P(X = 2)

A notation used in probability to denote the probability that a random variable X equals the value 2.

Remedial Program

Educational programs designed to improve skills in specific areas where students are deficient.

Sports Fans

Individuals who exhibit enthusiasm and devotion towards a particular sport, team, or athlete.

College Students

Individuals enrolled in an institution of higher learning with the aim of achieving a degree, diploma, or certification.