In the Single-Period Inventory Model with Probabilistic Demand

question 4

Multiple Choice

In the single-period inventory model with probabilistic demand,

• A)surplus items are not allowed to be carried in future inventory.
• B)c_o = c_u.
• C)probabilities are used to calculate expected losses.
• D)All of these are correct.

---

Definitions:

Frequency Distribution

A statistical representation showing how often various outcomes occur within a set of data, often displayed as a table or graph.

Data Set

A collection of related data points that are treated as a single unit for processing and analysis.

Frequency Distribution

a statistical representation showing the number of observations within a given interval.

Data Set

A collection of related data points or items, often used for analysis or to make decisions.