Which One of the Following Is Implied by a Lead

question 52

Multiple Choice

Which one of the following is implied by a lead time service level of 95 percent?

• A)Approximately 95 percent of demand during lead time will be satisfied.
• B)Approximately 95 percent of inventory will be used during lead time.
• C)The probability is 0.95 that demand during lead time will exactly equal the amount on hand at the beginning of lead time.
• D)The probability is 0.95 that demand during lead time will not exceed the amount on hand at the beginning of lead time.
• E)The probability is 0.95 that the order will arrive after the on-hand inventory is exhausted.

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