The Demand During the Lead-Time Is Normally Distributed with a Mean

question 17

Multiple Choice

The demand during the lead-time is normally distributed with a mean of 40 and a standard deviation of 4.If they have calculated a reorder point of 46.60 units,what service level are they assuming?

• A)85 percent
• B)90 percent
• C)95 percent
• D)97.5 percent
• E)None of the above

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Definitions:

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Short segments of television programming produced and paid for by organizations to convey marketing messages to viewers.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the physical factors of production including machinery used to produce goods.

Resource

An economic or productive factor required to accomplish an activity, or to produce goods and services.

Economists

Professionals who study the production, distribution, and consumption of goods and services, and analyze economic issues and behaviors.