Multiple Choice
If demand during lead time is normally distributed,and if the standard deviation of demand during the lead time is 50 units,then to provide an additional 34% service level,the number of additional units that should be held in inventory is ______.
A) 50 (= 50 times 1 standard deviation)
B) 17 (= 50 * 34%)
C) 1,700 (= 50 * 34)
D) 150 (= 50 times 3 standard deviations)
Correct Answer:
Verified
Correct Answer:
Verified
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