Question: The Stock-out probability is: a. the probability demand will be satisfied during the ordering lead time b. the percentage of demand that is supplied from

The Stock-out probability is:

a.

the probability demand will be satisfied during the ordering lead time

b.

the percentage of demand that is supplied from inventory

c.

the probability that inventory will not be sufficient to meet demand during the cycle

d.

the probability that production will suffer due to insufficient raw materials

e.

All the options are true

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