Assuming a 24 Hour Operation in a Warehouse, and an Arrival

question 22

Multiple Choice

Assuming a 24 hour operation in a warehouse, and an arrival following Poisson distribution with mean rate of 36 per day and service (unloading using a single bay) following exponential with a rate of 48 trucks per day, answer the following question. What is the expected number of trucks in the system?

• A) 2.25
• B) 1.5
• C) 2
• D) 1
• E) 3

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Definitions:

Forecast Accuracy

The degree to which forecasted values correspond to the actual values observed, often used in planning and inventory management.

Lead Times

The periods required for the completion of processes or activities, especially from the point of order to the delivery of goods.

Supply Chain Managers

Professionals responsible for overseeing and managing the entire supply chain process to ensure efficiency, cost-effectiveness, and timely delivery of products.

Backup Sourcing

Is the strategy of establishing alternative suppliers to ensure the continuity of supply in case of primary supplier failures.