Using the Probability Approach to Determine an Inventory Safety Stock

question 18

Multiple Choice

Using the probability approach to determine an inventory safety stock and wanting to be 95 percent sure of covering inventory demand,which of the following is the number of standard deviations necessary to have the 95 percent service probability assured?
79)

• A)1.28
• B)1.64
• C)1.96
• D)2.00
• E)2.18

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Definitions:

Self-administer Medications

The act of a patient independently taking their prescribed drugs without the direct involvement of healthcare professionals.

Monitor Medication Effects

The process of observing and assessing the outcomes and side effects of a medication regimen on a patient.

IV Bolus

The rapid administration of a medication or fluid directly into the bloodstream via an intravenous line.

Aspirate For Blood Return

A technique used in medical procedures to ensure that a needle or catheter is correctly positioned in a vein by drawing back on the syringe to see if blood enters, indicating proper placement.