Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

A service level of 95% means there is a 0.95 probability: ___________

a. a. of meeting all demand.
b. b. of a stockout.
c. c. that supply will exceed demand.
d. d. that demand will be met during the lead time.


Sagot :

DALAU

Answer:

D

Explanation:

Answer = d. that demand will be met during the lead time.

Elaboration:

A service level of certain percentage indicates the probability of meeting the demand dring lead time. This indicator helps businesses to decide on various important decisions such as reorder point, safety stock etc. so that they will able to meet the demand during the lead time.