Complete the Following Table

question 7

Essay

Complete the following table. Lead time for the part is two weeks. The order quantity, or lot size, is 100 units. $\begin{array}{llcc} \text { Week} &1&2&3&4\\ \text { Gross Requirements} &&50&45&20\\ \text { Projected Available 75 } &\\ \text { Net Requirements } &\\ \text {Planned Order Receipt } &\\ \text { Planned Order Release } &\\\end{array}$

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Definitions:

Standard Deviation

Standard deviation is a statistical measure of the dispersion or variability of a set of values, indicating how much the values in a dataset vary from the mean.

Measure

A quantitative method or tool used to assess, compare, or track performance or attributes.

Volatility

Volatility denotes the degree of variation of a trading price series over time, often measured by the standard deviation of logarithmic returns, indicating the risk associated with a security's price changes.

Variance

Refers to the measure of dispersion between numbers in a data set, indicating how far each number in the set is from the mean.