Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

which one of the following is implied by a lead time service level of 95 percent? multiple choice approximately 95 percent of inventory will be used during lead time. the probability is .95 that the order will arrive after the on-hand inventory is exhausted. the probability is .95 that demand during lead time will exactly equal the amount on hand at the beginning of lead time. approximately 95 percent of demand during lead time will be satisfied. the probability is .95 that demand during lead time will not exceed the amount on hand at the beginning of lead time.

Sagot :

95 that demand during lead time will not exceed the amount on hand at the beginning of lead time of the following is implied by a lead time service level of 95 percent.

How is probability determined?

The probability is calculated by dividing the total number of outcomes by the total number of potential events. Odds and probability are two different concepts. Calculating odds involves dividing the probability of an event by the probability that it won't happen.

Probability is a branch of mathematics that deals with numerical representations of the likelihood of an event occurring or of a proposition being true. The probability of an occurrence is a number between 0 and 1, with 0 generally corresponding to the event's absence.

To know more about probability, refer:

https://brainly.com/question/14011455

#SPJ4

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.