Table 511
the Following Information Has Been Collected on an Independent

question 67

Multiple Choice

Table 5.11
The following information has been collected on an independent demand item:
Demand $= 30$ units per week (assume 52 weeks/ year)
Ordering and setup cost $= \$ 50$ per order
Holding cost $= \$ 8$ per unit per year
Lead time $= 1$ week
Standard deviation in weekly demand $= 8$ units
Cycle-service level $= 90 \%$
You will need to refer to a normal table to answer the question(s) .
-Use the information from Table 5.11.Design a periodic review system (P system) ,with P = 5 weeks.What target inventory T will provide the desired 90 percent cycle-service level?

• A) between 53 and 57 units
• B) between 172 and 176 units
• C) between 188 and 192 units
• D) between 202 and 206 units

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Definitions:

Inclusive Fitness

A concept in evolutionary biology that considers an individual's genetic success through its own offspring and by supporting relatives.

Indirect Fitness

The genetic gain achieved by an organism by helping relatives rear their offspring, thereby passing on shared genes.

Alarm-Calling

Vocalizations made by certain animals to alert members of their group to potential danger.

Inclusive Fitness

A concept in evolutionary biology describing an organism's genetic success as both its own reproductive output and its influence on the reproductive output of its genetic relatives.