If It Takes a Supplier 2 Days to Deliver an Order

question 59

Multiple Choice

If it takes a supplier 2 days to deliver an order once it has been placed and the daily demand for 3 days has been 120, 124, and 125, which of the following is the standard deviation of usage during lead time?

• A) About 2.16
• B) About 3.06
• C) About 4.66
• D) About 5.34
• E) About 9.30

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Definitions:

Organizational Structure

The way in which a company or organization is organized, including the allocation of tasks, responsibilities, and authority to carry out different tasks.

Shared Goals

Common objectives agreed upon by a group or team, aiming to harmonize individual efforts towards achieving a unified outcome.

Implementation

The process of executing plans, strategies, or policies to achieve desired outcomes.

Empowerment

The process of enabling or authorizing an individual or group to think, behave, take action, and control work and decision-making in autonomous ways.