1 suppose a dataset has a mean of 100 and standard, Ask an Expert

Management Studies

1. Suppose a dataset has a mean of 100 and standard deviation of 6. If the data are normally distnibuted, between what two values would I expect to find approximately 95% of the data?

a. Between 5 and 195.

b. Between 94 and 106

c. Between 88 and 112.

d Between 82 and 118.

2. Consider a warehouse with a forward case-pick area. Some overstock is held in higher levels of nearby pallet rack and some is held in an outlying warehouse and restocked from there: Assume the forward pick area has been stocked and may not be changed: For which skus should the overstock be held nearby (rather than in the outlying warehouse?)

a. Those skus forecast to be the most frequently requested

b. Those skus forecast to sell in the greatest physical volume

c. Those skus forecast to sell the most cases from the forward case-pick area

d. Those skus forecast to sell the most pallets from the forward case-pick area

e. Those skus forecast to sell the most pallets as full-pallet picks

f. Those skus forecast to sell the most total pallets (from either case-pick or full-pallet pick)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93134975

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