Allocative efficiency is achieved when the production is such that the marginal benefit exceeds the marginal cost by as much as possible. marginal cost equals zero. marginal benefit is equal to marginal cost. the production point is on the PPF. None of these

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=