Which One of the Following Is Implied by a Lead

question 59

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 .95 that demand during lead time will exactly equal the amount on hand at the beginning of lead time.
• D) The probability is .95 that demand during lead time will not exceed the amount on hand at the beginning of lead timE.
• E) The probability is .95 that the order will arrive after the on-hand inventory is exhausted.

Comprehend the role and effects of social media in professional communication and how to utilize it beneficially.

Understand and differentiate between various liquidity ratios and their implications for a company's short-term financial health.

Apply vertical analysis to different components of financial statements and interpret the results.

Calculate and interpret inventory turnover and its impact on business operations.

---

Definitions:

Equitable Treatment

The practice of fairness and impartiality in the handling and decision-making of all individuals.

Designated Groups

Populations identified for special attention or treatment in policies or programs, often to address historical disadvantages or inequalities.

Educational Qualifications

Certificates, degrees, or diplomas obtained from educational institutions which demonstrate a person's level of education or expertise in specific areas.

Unemployment Rates

The proportion of the workforce that is unemployed and actively looking for work.