Question: Service level is _ _ _ _ _ _ _ _ _ _ . Question 9 options: A ) calculated as the cost of a

Service level is __________.
Question 9 options:
A)
calculated as the cost of a shortage divided by (the cost of shortage + the cost of overage)
B)
the probability of stocking out
C)
the probability the service is satisfactory to the customer
D)
something that should be minimized in retail
E)
the probability of not stocking out (demand does not exceed supply) during lead time

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