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Service level is: B and D the probability of not stocking out. calculated as the cost of a shortage divided by (the cost of shortage
Service level is: B and D the probability of not stocking out. calculated as the cost of a shortage divided by (the cost of shortage + the cost of overage) for single-period models. the probability of
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Essentials of Strategic Management
Authors: Martyn R Pitt, Dimitrios Koufopoulos
1st edition
978-1849201872, 1849201870, 978-1260092271
