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A service level of 96.5% implies that Group of answer choices there is no risk of a stock out occurring since 96.5% is a reasonably

A service level of 96.5% implies that Group of answer choices there is no risk of a stock out occurring since 96.5% is a reasonably high service level. there is a risk that 96.5% of the time customer demand will be less than average. there is a risk that 3.5% of the time, customer orders will not be filled. there is a likelihood that 3.5% of the time safety stock will be used to fill customer orders

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