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Which of the following best describes service level? The average amount of inventory on hand in a period 2. The amount of inventory required to
Which of the following best describes service level? The average amount of inventory on hand in a period 2. The amount of inventory required to meet all demand in a period 3. The probability that storage cost won't exceed excess cost 4. The probability that storage cost won't exceed supply in a period 5. The probability that a stockout will occur
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