Post Utme Bells University 2020 Commerce Question 6
Practice objective / multiple choice question 6 from the 2020 Post Utme Bells University Commerce examination.
In a warehouse with a storage capacity of 10,000 units, the inventory level is currently at 8,000 units. The warehouse receives a shipment of 2,000 units on Monday, 1,500 units on Tuesday, and 1,200 units on Wednesday. If the warehouse operates 7 days a week and the average daily demand is 500 units, what is the probability that the warehouse will run out of stock by the end of the week?
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About This Question
This is Post Utme Bells University 2020 Commerce Question 6. It is one of the objective questions from the 2020 Post Utme Bells University Commerce examination.
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