If the Standard Deviation of Demand Is Six Per Week

question 223

Multiple Choice

If the standard deviation of demand is six per week, demand is 50 per week, and the desired service level is 95%, approximately what is the statistical safety stock?

• A) 8 units
• B) 10 units
• C) 16 units
• D) 64 units
• E) Cannot be determined without lead time data.

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Definitions:

Superpredator

A controversial term used in the 1990s to describe young, violent criminals who were presumed to commit crimes without remorse.

Moral Panic

A widespread feeling of fear, often an irrational one, that some evil threatens the well-being of society.

Moral Panics

Intense public anxiety or alarm in response to a perceived threat from a person or group believed to challenge societal norms or values, often disproportionate to the actual threat.

Policy Making

The process of developing and implementing decisions by authorities or governments that are intended to influence or guide social, economic, and political matters within a society.