Chapter 13 Flashcards
1
Q
The level of product availability
A
- is also referred to as the customer service level.
- is an important component of any supply chain’s responsiveness.
2
Q
A high level of product availability requires
A
large inventories and tends to raise costs for the supply chain.
3
Q
A high level of product availability requires ________, which raises supply chain costs.
A
large inventories