Scenario 12.2 - Hamsterdam

question 80

Multiple Choice

Scenario 12.2 - Hamsterdam
Marlo Stanfield's operation also uses large quantities of prepaid cell phones,on average 1500 per week with a standard deviation of 145.The lead time for their own brand of prepaid cell phones is three weeks and they have a lot size of 350 phones.To ensure they never run out,they keep a safety stock of 500 phones with Proposition Joe.
-What safety stock should be held to put the fill rate at 0.99?

• A)251 phones
• B)145 phones
• C)454 phones
• D)100 phones

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Definitions:

Psychoanalytic Theory

A theory of psychology and human behavior which posits that unconscious motives and conflicts shape personality and mental disorders.

Collective Unconscious

According to Jung, a storehouse of latent memory traces inherited from people’s ancestral past that is shared with the entire human race.

Defense Mechanism

Psychological strategies used unconsciously to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Repression

A defense mechanism whereby distressing thoughts, memories, or desires are kept out of conscious awareness.