The Longer the Delivery Time in the Logistical System, the More

question 69

True/False

The longer the delivery time in the logistical system, the more inventory customers must maintain to service their needs.

---

Definitions:

Standard Normal

A normal distribution with a mean of 0 and a standard deviation of 1, used as a basis in statistical analysis for converting scores from any normal distribution.

Random Variable

A variable whose values depend on outcomes of a random phenomenon.

Standard Normal

A Gaussian distribution defined by a zero mean and a one standard deviation.

Random Variable

A numerical variable influenced by the randomness of an event.