Which One of the Following Is Implied by a "Lead

question 112

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 percent that demand during lead time will exactly equal the amount on hand at the beginning of lead time.
• D)The probability is 95 percent that demand during lead time will not exceed the amount on hand at the beginning of lead time.
• E)none of the above

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Definitions:

Birth Process

The physiological sequence of events that lead to the delivery of a baby from the mother's uterus into the outside world.

Genotype

The genetic endowment of an individual.

Phenotype

An organism’s observable characteristics that result from the interaction of the genotype with the environment.

Infant Mortality

The rate at which babies under one year of age die, considered a critical indicator of the health and well-being of a population.