Relation between service level and inventory level?
Answers
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The inventory level is the measurement of the number of products or the amount of supplies which any business has on hand to sell to customer. The service level is the measure of the number of people that any business can interact with customers and sell the products which are available on store.
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Relation between service level and inventory level are --
Inventory means the addition to the stock of capital or piling up of unwanted stock. The inventory level is the measurement of the number of products or the amount of supplies which any business has on hand to sell to customer. The service level is the measure of the number of people that any business can interact with customers and sell the products which are available on store.