Answer Happy

Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value. If the stand owner is able to find an outlet that would provide a salvage value of $0.10, what would be the increase in service level? O A. .07 B. 1 C. 0 D. .5 E. unable to determine given only the above information 0000
Which of the following statement is NOT true? O A. Probabilistic models are a real-world adjustment because demand and lead time will not always be known and constant. B. Having certain demand raises the possibility of a stockout. O C. The service level is the complement of the probability of a stockout. O D. Probabilistic models relax the assumption that demand for a product is constant and certain.