Which of the Following Values for Z Should We Use

question 79

Multiple Choice

Which of the following values for z should we use in as a safety stock calculation if we want a service probability of 98 percent?

• A) 1.64
• B) 1.96
• C) 2.05
• D) 2.30
• E) None of these choices are correct

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Definitions:

Organization of Work

The arrangement and management of work tasks, workforce, and resources in an entity to maximize efficiency and achieve objectives.

American Society

Refers to the social structure, cultural norms, and values that characterize the United States of America and its inhabitants.

Scientific Revolution

The Scientific Revolution began in Europe about 1550. It encouraged the view that sound conclusions about the workings of society must be based on solid evidence, not just speculation.

Organizing Society

The ways in which social structures and institutions are arranged and managed to form a functioning community or society.