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

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

Quizplus · Accepted Answer

A service probability of 98% corresponds to a z-score of approximately 2.05 in a standard normal distribution.

Which of the Following Values for Z Should We Use