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the following information to answer the next three questions. A retailer faces uncertain demand for goods i antiers fom a supplier that guarantees 3-week lead time for deliveries 32. Which one of the following is CORRECT regarding the average lead time demand? A) Average lead time demand is 3 times the average weekly demand. 8) Average lead time demand equals the average weekly demand. Q Average lead time demand is more than 3 times the average weekly demand. D) Average lead time demand is less than 3 times the average weekly demand. a. Which one of the following is CORRECT regarding the standard devlation of the lead time demand? A) Standard deviation of the lead time demand is 3 times the standard deviation of the weekly 8) standard devistion of the lead time demand equals the standard deviation of the weekly 9 standard deviation of the lead time demand is more than 3 times the standard deviation of the demand demand weekdy demand b) standard deviation of the lead time demand is less than 3 times the standard deviation of the weekly demand W. Which one of the following is CORRECT regarding the variance of the lead time demand? A) Variancs of the lead time demand is 3 times the variance of the weekly demand e) Variance of the lead time demand equals the variance of the weekly demand G Variance of the lead time demand is more than 3 times the varlance of the weekly demand b) Verianca of the lead time demand is less than 3 times the variance of the weekly demand %. Which one of the folloing companys successful implementation of lean operations management prhogles was featured in a video we watched in dlass? Airbu ) Ford o) Being
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Answer #1

Answer:-32)

Lead time means the total time requires to manufacture an item including order preparation time queue time,set up time,run time,move time,inspection time and put away time.

Correct Answer is A) Average lead time demand is 3 times the average weekly demand

Because if an order when the inventory on hand is equal to the average demand during the lead time.

Answer :33)

A) Standard deviation of the lead time demand is 3 time the standard deviation of the weekly demand.

If the standard deviation of demand is calculated from weekly demand data and the total lead time including review period is three weeks the standard deviation of demand is the weekly standard deviation time the square root the reaction of the time units.

Answer 34) C) Variance of the lead time demand is less than 3 times the variance of the weekly demand.

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