Which One of the Following Is Implied by an Annual

question 38

Multiple Choice

Which one of the following is implied by an annual service level of 95 percent?

• A)Approximately 95 percent of demand during lead time will be satisfied.
• B)The probability is 0.95 that demand will exceed supply during lead time.
• C)The probability is 0.95 that demand will equal supply during lead time.
• D)The probability is 0.95 that demand will not exceed supply during lead time.
• E)Approximately 95 percent of all demand will actually be satisfied directly from on-hand inventory.

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Definitions:

Famous Silent Film Director

A director known for creating films in the era before movies had synchronized sound, contributing significantly to the art and narrative style of early cinema.

Silent Film Star

An actor or actress who gained fame and recognition for performances in silent films, where dialogue was conveyed through mime and title cards.

Biopic

A film biography.

Business Practices

The customary, habitual methods, and strategies employed by businesses to conduct commerce, enhance profitability, and ensure legal compliance.