A product has demand during lead time of 100 units, with a standard deviation of 25 units. What safety stock provides (approximately) a 95% service level?
A) 41
B) 55
C) 95
D) 140
Answer: A
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If a dollar of money is used 5 times in transactions in an economy over the course of a year and the supply of money is $120 billion, what is the volume of total spending in the economy?
A. $5 billion B. $600 billion C. $240 billion D. $20 billion
What is the difference between fundamental and technical analysis? Can you think of any trading strategies that use technical analysis? What are the underlying assumptions made by these strategies?
DIY Fasteners Company decides to consolidate its operations with Evergrip Studs, Inc, to form Fit-Rite Bolts & Screws Inc The articles of consolidation differ from Fit-Rite's articles of incorporation. The articles A) are replaced by Evergrip's articles of incorporation
B) are replaced by the articles of consolidation. C) effectively prevent the consolidation. D) prevail.
If the expected value of the sample statistic is equal to the population parameter being estimated, the sample statistic is said to
a. have low variability. b. be an unbiased estimator of the population parameter. c. have high precision. d. be a random estimator of the population parameter.