Scenario 12.2 - Hamsterdam

question 67

Multiple Choice

Scenario 12.2 - Hamsterdam
Marlo Stanfield's operation also uses large quantities of prepaid cell phones, on average 1500 per week with a standard deviation of 145. The lead time for their own brand of prepaid cell phones is three weeks and they have a lot size of 350 phones. To ensure they never run out, they keep a safety stock of 500 phones with Proposition Joe.
-What is the fill rate under this policy?

• A) 0.9398
• B) 0.9833
• C) 0.9921
• D) 0.9998

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Definitions:

Family of Procreation

The family unit that an individual forms by marrying and having or adopting children.

Census Family

A concept used in census data collection defined as a group of two or more persons living together who are related by blood, marriage, common-law partnership, or adoption.

Conjugal Family

A family unit that consists of partners, with or without children, living together and sharing a life-long partnership.

Family of Orientation

The family into which an individual is born or adopted, influencing early socialization and development.