If It Takes a Supplier Two Days to Deliver an Order

question 4

Multiple Choice

If it takes a supplier two days to deliver an order once it has been placed and the daily demand for three days has been 120, 124, and 125, which of the following is the standard deviation of usage during lead time?

• A) About 2.16
• B) About 3.06
• C) About 4.66
• D) About 5.34
• E) About 9.30

Calculate probabilities using the normal distribution as an approximation to the binomial distribution.

Grasp the concept of sampling distributions and how they are used to estimate population parameters.

Understand the role and calculation of the standard error in statistical analysis.

Apply the continuity correction factor in approximating binomial probabilities with the normal distribution.

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Definitions:

Electronic Health Record

A digital version of a patient's paper chart, which is a real-time, patient-centered record accessible to authorized healthcare providers.

Electronic Medical Record

Part of the electronic health record that contains patient data gathered in a health care delivery setting.

Electronic Charting Record

An electronic system used for creating, updating, and managing patient health information and medical records.

Nurse Preceptor

An experienced nurse who provides guidance, support, and education to new or less experienced nursing staff.