If daily demand is normally distributed with a mean of 15 and standard deviation of 5, and lead time is constant at 4 days, a 90 percent service level will require how much safety stock?

A) 7 units
B) 10 units
C) 13 units
D) 16 units
E) 26 units

C

Business

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Carbonless forms cost considerably less to produce than do other types of forms

Indicate whether the statement is true or false.

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Which of the following is NOT a right of shareholders a corporation?

A) To call special meetings to deal with particular problems when the Board of Directors refuse to call one. B) To vote at shareholders meeting C) To attend annual general meetings of the company D) To receive information from the directors about the daily business of the company. E) To assign voting rights to a proxy.

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