Examlex
Suppose a child is learning to swim.If we measure how long it takes him to swim from one end of the pool to the other each day,we will typically find that his speed will:
Service Inventory
Intangible goods in a service operation that cannot be stored or inventoried in the traditional sense, such as available hotel rooms or hours of consulting.
Service Stockout
Occurs when a service provider cannot meet customer demand due to insufficient resources or capacity, leading to customer dissatisfaction.
Service Level
A measure of the quality of a company's service, typically in terms of meeting customer needs or the percentage of customer demands met on time.
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