While Sumana Is Sitting in a Highchair at a Restaurant

question 29

Multiple Choice

While Sumana is sitting in a highchair at a restaurant with her family, she throws her cracker off the tray and watches as it falls to the ground. Then she throws her spoon off the tray and watches as it falls. Next, she throws her peas and her drink off the tray before her family realizes what is happening. What age is Sumana MOST likely to be?

• A) 8 months
• B) 11 months
• C) 15 months
• D) 21 months

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Definitions:

Demand Variability

Fluctuations in customer demand over a period, impacting inventory levels and production planning.

Lead Time Variability

The inconsistency or fluctuation in the amount of time it takes to complete the process from order to delivery, affecting supply chain efficiency.

Cycle Service Level

A metric that measures the probability of meeting customer demand without stockouts over a standard ordering cycle, reflecting inventory efficiency and customer satisfaction.

Periodic Review Policies

Inventory management approaches where stock levels are reviewed and possibly adjusted at regular intervals, regardless of demand patterns.