Question: Question 1 (2 points) What is the mean (average) for the past 4 months of sales if sales were: 164, 220, 196, 224? Question 1

Question 1 (2 points)

What is the mean (average) for the past 4 months of sales if sales were: 164, 220, 196, 224?

Question 1 options:

180

250

cannot be determined from the data given

200

201

Question 2 (2 points)

What is the deviation from the mean for the first month?

Question 2 options:

-86

-36

-37

-16

Question 3 (2 points)

What is the sum of the squared deviations?

Question 3 options:

2400

2284

1800

3168

Question 4 (2 points)

What is the standard deviation for the 4 months?

Question 4 options:

84

15.1

57.1

23.9

Question 5 (2 points)

If the service level required is 95%, what is the safety stock required?

Question 5 options:

25

39

94

201

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