If a Store Has Annual Average Daily Demand of 16

question 4

Multiple Choice

If a store has annual average daily demand of 16 units with a standard deviation of 2 units,and the lead time for it to receive an order from its supplier is 20 days,the store's reorder point for a 95% service level is approximately

• A)326.1 units
• B)334.8 units
• C)348.2 units
• D)356.6 units

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Definitions:

mRNA

Messenger RNA, a type of RNA molecule that carries genetic information from DNA to the ribosome, where proteins are synthesized.

Coding Region

A portion of DNA or RNA that codes for the amino acid sequence of a protein and is instrumental in protein synthesis.

AUG

The RNA codon that signals the start of a protein-coding sequence and encodes for the amino acid methionine.