Which of the following values for "z" should we use in as safety stock calculation if we want a service probability of 98%?
A) 1.64
B) 1.96
C) 2.05
D) 2.30
E) None of the above

Name: Which of the following values for "z" should we use in as safety stock calculation if we want a service probability of 98%? A) 1.64 B) 1.96 C) 2.05 D) 2.30 E) None of the above
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Question

Quizplus · Accepted Answer

Using the Excel function NORMSINV,the z score for a 98% service probability is 2.05.

Which of the Following Values for "Z" Should We Use