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:

Impression Management

The practice of consciously making choices to influence the perceptions others have of an individual or organization.

Controlling Style

A communication or management approach focusing on directing and dictating the actions of others.

Manipulative

The employment of clever tactics or influence to control or deceive for personal gain.

Chronological Resume

A type of resume that lists work experience according to date, with the most recent at the top.