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:
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180
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250
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cannot be determined from the data given
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200
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201
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Question 2 (2 points)
What is the deviation from the mean for the first month?
Question 2 options:
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-86
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-36
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-37
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-16
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Question 3 (2 points)
What is the sum of the squared deviations?
Question 3 options:
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2400
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2284
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1800
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3168
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Question 4 (2 points)
What is the standard deviation for the 4 months?
Question 4 options:
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84
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15.1
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57.1
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23.9
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Question 5 (2 points)
If the service level required is 95%, what is the safety stock required?
Question 5 options:
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25
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39
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94
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201
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