You Would Like to Use the Fixed-Time Period Inventory Model

question 70

Multiple Choice

You would like to use the fixed-time period inventory model to compute the desired order quantity for a company. You know that vendor lead time is 10 days and the number of days between reviews is 15. Which of the following is the standard deviation of demand over the review and lead time period if the standard deviation of daily demand is 10?

• A) 25
• B) 40
• C) 50
• D) 73
• E) 100

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Definitions:

Faultlines

Hypothetical divides within a group or team based on demographic, experiential, or informational differences, which can potentially lead to conflict.

Heterogeneous

Composed of parts of different kinds; having widely dissimilar elements or constituents.

Performing Stage

The final stage of team development in which the team operates as a cohesive unit, focusing on problem-solving and effectively achieving its goals.

Team Roles

Specific functions or responsibilities assigned to individuals within a team, based on their skills and strengths, to enhance team performance.