True/False
If there were 400 requests for a particular item in a year and 372 were immediately satisfied,the service level would be 7 percent.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: Inventories can be classified by form and
Q13: A company manufactures 1,200 cylinders per day,each
Q14: Closed-loop MRP:<br>A)is a system which closes the
Q15: Independent demand items are:<br>A)derived demand.<br>B)determined directly by
Q16: Stock-out costs may be higher in a
Q18: Strategies for managing "A" items in ABC
Q19: JIT requires frequent deliveries of relatively small
Q20: Cycle inventories are used to:<br>A)avoid an anticipated
Q21: The Delphi technique is a method of
Q22: Which statement is most accurate when deciding