Which One of the Following Descriptions Best Defines the Cycle-Service

question 149

Multiple Choice

Which one of the following descriptions best defines the cycle-service level as a measure of customer service?

• A) the preferred proportion of annual demand instantaneously filled from stock
• B) the number of stockouts tolerated per year
• C) the preferred proportion of days in the year when an item is in stock
• D) the desired probability of not running out of stock in any one inventory cycle

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Definitions:

Human History

The recorded or studied past of the human species, encompassing historical events, cultures, advancements, and transformations through time.

Neandertals

An extinct species of human that was widely distributed in ice-age Europe between c. 120,000-35,000 years ago, coexisting with early Homo sapiens.

Gracile Australopithecines

One member of the genus Australopithecus possessing a more lightly built chewing apparatus; likely had a diet that included more meat than that of the robust australopithecines.

Human Ancestors

Prehistoric species and genera that are considered predecessors of modern humans in the evolutionary lineage.