The Demand for an Electronic Component Is Normally Distributed with an Average

question 72

Multiple Choice

The demand for an electronic component is normally distributed with an average daily demand of 500 units and a standard deviation of 50.The lead-time for the component is 9 days.If a service level of 95% is desired then the company's reorder point for this component is approximately

• A)3,785 units.
• B)4,500 units.
• C)4,627units.
• D)4,747units.

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Definitions:

Authority Compliance Leadership

A leadership style focused primarily on achieving high levels of task performance and efficiency, often at the expense of team members' well-being and job satisfaction.

Team Leadership

The process of leading a group towards achieving common objectives, involving coordination, motivation, and direction.

Country Club Leadership

A leadership style that prioritizes the welfare and happiness of team members to the potential detriment of task performance or organizational objectives.

Ohio State Studies

A series of studies that identified two critical dimensions of leadership behavior: consideration (focusing on the welfare of followers) and initiating structure (organizing work and defining role responsibilities).