ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Higher the level of inventory, ____ will be the level of service to customers
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Higher
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Lower
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None of the above
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None of the above
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Explanation:
Detailed explanation-1: -In inventory management, service level is the expected probability of not hitting a stock-out during the next replenishment cycle or the probability of not losing sales. The service level is determined in a company by the level of stocks.
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