When setting optimal levels of product availability in practice, it is important to obtain a reasonable estimate
Question:
When setting optimal levels of product availability in practice, it is important to
obtain a reasonable estimate of the cost of stocking out.
obtain a very precise estimate of the cost of stocking out.
focus on the most responsive production method, even if it is not low cost.
develop a preset target of product availability.
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Related Book For 
Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
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