Post Utme Skyline University 2022 Commerce Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2022 Commerce Objective / Multiple Choice
Question 12 POST_UTME_SKYLINE_UNIVERSITY • 2022 • COMMERCE • objective

A company has a warehouse with a capacity of 10,000 units. The current inventory level is 8,000 units, and the reorder point is 6,000 units. If the lead time is 5 days, and the demand rate is 200 units per day, what is the probability that the inventory will be depleted before the next order arrives?

Answer Options

A. 0.2
Correct Answer B. 0.3
C. 0.4
D. 0.5
Correct Answer
B
Correct Option:
0.3

About This Question

This is Post Utme Skyline University 2022 Commerce Question 12. It is one of the objective questions from the 2022 Post Utme Skyline University Commerce examination.

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