Which One of the Following Descriptions Best Defines the Cycle-

Multiple Choice

Which one of the following descriptions best defines the cycle- service level as a measure of customer service?

A) The number of stockouts tolerated per year
B) The desired probability of not running out of stock in any one inventory cycle
C) The preferred proportion of days in the year when an item is in stock
D) The preferred proportion of annual demand instantaneously filled from stock