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Which of the following is incorrect about the safety stock? Group of answer choices As the amount of safety stock carried increases, service level increases As the amount of safety stock carried increases, the risk of stock-out decreases If there is no uncertainty, there is no need to keep safety stock As the amount of safety stock carried increases, the risk of stock-out increases Safety stock protects companies against uncertainty

Which of the following is incorrect about the safety stock? Group of answer choices As the amount of safety stock carried increases, service level increases As the amount of safety stock carried increases, the risk of stock-out decreases If there is no uncertainty, there is no need to keep safety stock As the amount of safety stock carried increases, the risk of stock-out increases Safety stock protects companies against uncertainty

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Which of the following is incorrect about the safety stock?
Group of answer choices
As the amount of safety stock carried increases, service level increases
As the amount of safety stock carried increases, the risk of stock-out decreases
If there is no uncertainty, there is no need to keep safety stock
As the amount of safety stock carried increases, the risk of stock-out increases
Safety stock protects companies against uncertainty
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