Scenario 12.2 - Hamsterdam

question 50

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 safety stock should be held to put the fill rate at 0.99?

• A) 251 phones
• B) 145 phones
• C) 0 phones
• D) 100 phones

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Definitions:

Redistricting

The process of drawing electoral district boundaries, typically done to reflect changes in population and ensure equal representation.

District Boundaries

Defined geographical limits of electoral districts, administrative areas, or political divisions.

Census

A systematic enumeration of a population, often including the collection of demographic, social, and economic information.

Presidential Veto

The power of the President to refuse to sign a bill passed by Congress, thereby preventing it from becoming law unless overridden by a two-thirds vote in both houses.