Multiple Choice
The average demand for an item is 1000 per month. The mean absolute deviation of monthly demand is 300 units. The MAD for yearly sales will be approximately:
A) 3600 units
B) 12,000 units
C) 1040 units
D) 3464 units
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q5: An order system in which the order
Q6: A company that has regular replenishments of
Q7: Which of the following statements is best?<br>A)
Q8: For a given item the lead time
Q9: Which of the following systems are used
Q11: Select the description which most closely fits
Q12: Which of the following is the best
Q13: If the lead time is 1 week,
Q14: The distribution inventory management system which forecasts
Q15: A product has a standard deviation of