Which of the Following Values for "Z" Should We Use

question 49

Multiple Choice

Which of the following values for "z" should we use in as safety stock calculation if we want a service probability of 98%?

• A) 1.64
• B) 1.96
• C) 2.05
• D) 2.30
• E) None of the above

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Definitions:

Lead Time

The period between the initiation and completion of a process, such as the time from order to delivery.

Lead Times

The amount of time that elapses between the initiation and the completion of a production process or the delivery of a service.

Order Completion

The process of fulfilling customer orders from start to finish including manufacturing, packaging, and shipping.

Product A

A placeholder name for a specific product, often used in examples or cases where the actual product name is not given.