Multiple Choice
The demand for an electronic component is normally distributed with an average daily demand of 500 units,and a standard deviation of 50.The lead time for the component is 9 days.If the company sets a reorder point of 4,650 for this component then its service level is approximately
A) 50 percent.
B) 84 percent.
C) 92 percent.
D) 98 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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