In the single period inventory model, the probability distribution for customer demand:
A)must be discrete.
B)is directly derived from sales data.
C)may be continuous.
D)is generally assumed to be uniform.

Question

Quizplus · Accepted Answer

In the single period inventory model, the probability distribution for customer demand can be either discrete or continuous, depending on the nature of the demand data.

In the Single Period Inventory Model, the Probability Distribution for Customer