Question

Define service level. Multiple choice question. It is the ratio between average inventory and the level of sales. It is the measure of how well the objective of meeting customer demand is met. It is the number of days of business operations that can be supported with the inventory on hand. It is an event that occurs when no inventory is available.

Answer 1

It is the measure of how well the objective of meeting customer demand is met.

Step-by-step explanation: