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Author Question: Safety stock a. can be determined by the EOQ formula. b. depends on the inventory position. c. ... (Read 120 times)

aabwk4

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on: Jun 24, 2018
Safety stock
 a. can be determined by the EOQ formula.
  b. depends on the inventory position.
  c. depends on the variability of demand during lead time.
  d. is not needed if Q is the actual order quantity.

Question 2

A company has developed a new computer microprocessor whose average lifetime is unknown. In order to estimate this average, 300 microprocessors are randomly selected from a large production line and tested; their average lifetime is found to be 7 years. The 300 microprocessors represent a:
 a. parameter. c. sample.
  b. statistic. d. population.


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amandanbreshears

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Reply #1 on: Jun 24, 2018
Answer to Question 1

.D

Answer to Question 2

C


aabwk4

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Reply #2 on: Jun 24, 2018
Thank you :)


amandanbreshears

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Reply #3 on: Jun 24, 2018
Happy to help you


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