Which of the Following Is NOT a Key Input in a Single-Period

question 53

Multiple Choice

Which of the following is NOT a key input in a single-period inventory model?

• A) Probability distribution of demand
• B) Probability that demand is less than the optimal order quantity
• C) Cost per item of overestimating demand
• D) Cost per item of underestimating demand

---

Definitions:

Stars

In the context of the Boston Consulting Group (BCG) matrix, products or business units that have a high market share in a fast-growing industry and are considered to be potential market leaders.

High-Growth Markets

Markets characterized by significantly higher than average growth rates, often driven by new technologies or changing consumer behaviors.

High Share

A significant portion or percentage of the total available market controlled by a particular company or product.

SBUs

Strategic Business Units are semi-autonomous units within larger organizations, focused on a specific market segment or product line and are responsible for their own strategy and profitability.