Reference no: EM132266068
1. A computer products store stocks color graphics monitors, and the daily demand is normally distributed with a mean of 1.6 monitors and a standard deviation of 0.4 monitor. The lead time to receive an order from the manufacturer is 15 days. Determine the reorder point that will achieve a :
a. 98% service level
b. 95% service level
c. 90% service level
2. Frenzied cruise vacationers besiege Tatiana, their excursion coordinator, and her fourteen assistants at the Port of Cozumel when they realize that all water excursions have been cancelled for no reason in particular. It takes them 4 minutes to find the customers an alternative excursion activity and customers cluster around them at the rate of 200 per hour. What is the probability that there are no customers awaiting service or being served if the service times are exponentially distributed and the arrivals follow a Poisson distribution?
0.000
0.025
0.066
0.043
3. The three major aspects of database management are
integrity, confidentiality, and availability.
integrity, honesty, and availability.
confidentiality, availability and, storage.
availability, authorization, and confidentiality
4. Which of the following statements about applications of AI is? FALSE?
AI is becoming a core part of many tech? companies' strategic advantage.
The cost and complexity of AI apps limits their use to research organizations.
AI is used by smaller companies to create innovative new products.
Traditional organizations are recognizing the value of AI.
AI applications are found in many tech? companies' products.