Lead time for a given item is 3 weeks and sales have been recorded in 1 week intervals. If the

Standard Deviation for the sales interval is 25 then the Standard Deviation for the lead time should
be approximately:

A) 25. B) 43. C) 14. D) 75. E) 8.

B

Business

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Risa, Inc has provided the following extracts from their budget for the first quarter of the forthcoming year

Jan Feb March Purchases on account $264,000 $295,000 $320,000 The vendors are allowed the following terms of payment: Month of purchase 30% First month after the purchase 35% Second month after the purchase 35% Calculate the total payment on account for the month of March. A) $168,275 B) $136,955 C) $320,000 D) $291,650

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When the perceived benefits are greater than the amount that a customer paid for the goods or services, the customer would considered that he or she received a great:

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