Which One of the Following Statements Is Best

question 99

Multiple Choice

Which one of the following statements is best?

• A) When no safety stock is maintained, stockouts will occur during approximately 50 percent of the cycles.
• B) The level of safety stock maintained decreases when the desired cycle- service level increases.
• C) The level of safety stock maintained is greater if mean absolute deviation (MAD) is used rather than standard deviation in estimating forecast errors.
• D) The level of safety stock maintained decreases when the standard deviation of demand during lead time increases.

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Definitions:

Balanced Polymorphism

The presence in a population of two or more genetic variants that are maintained in a stable frequency over several generations.

Frequency-Dependent Selection

A mechanism of natural selection where the fitness of a phenotype depends on its frequency relative to other phenotypes in the population.

Infant Survival

The probability or rate of survival of newborn organisms through their earliest stages of life, often influenced by factors like genetic health, parental care, and environmental conditions.

Balanced Polymorphism

A situation in which two or more alleles of a gene persist in a population because the survival advantage or disadvantage of each balances out.