Question

In a single period system, the target ________ is the balancing point between shortage costs and excess costs.

Answer 1

Answer: service level

Step-by-step explanation:

A single period inventory model typically occurs to the organizations that order one-time items. In this case, such organizations can only get the right quantity when they order once in order to prevent loss.

In a single period system, the target service level is the balancing point between shortage costs and excess costs.