Question: Question 84 (1 point) 1 standard deviation covers 84.13% 1.04 standard deviations covers 85% 1.28 standard deviations covers 90% 1.65 standard deviations covers 95% 1.96

Question 84 (1 point) 1 standard deviation covers

Question 84 (1 point) 1 standard deviation covers 84.13% 1.04 standard deviations covers 85% 1.28 standard deviations covers 90% 1.65 standard deviations covers 95% 1.96 standard deviations covers 97.5% 2 standard deviations covers 97.72% 2.33 standard deviations covers 99% 3 standard deviations covers 99.86% 6 standard deviations covers 99.99966% Scheer Company has average demand of 50 units per day. Lead time from the supplier averages 20 days. The combined standard deviation of demand during lead time is 20 units. The item costs $75 and inventory carrying cost is 24%. Use the nearby table of standard deviations as a guide to your answer. Suppose management decides it wants to offer a 95 percent service level. That is, it is willing to experience a stock-out probability of 5 percent during the order cycle. How much safety stock should be carried? 25 units. 33 units. 35 units. 46 units. 48 units

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