The maintenance of a minimum possible level of inventory required for a desired level of customer service is the objective of

Related MCQs

• The logistical objective that ensures a proper balance between total logistics cost and a desired level of customer service performance is
• Customer service create time and ………. utility for the customer.
• A………is a set of customer service goals which are to be achieved within a specific combination or mix of products and customer segment.
• ………… is not the type of inventory based on inventory position in the supply chain.
• If a customer visiting a departmental store cannot find his desired soap manufactured by Hindustan Unilever Ltd (HUL) in the store, which of the following chain partner will he hold responsible for the non-availability of the soap?
• Julie Newmar recognizes that her company needs to provide better customer service and trim distribution costs through team work, both inside the company and among all the marketing channel organizations. Julie will begin the practice of .
• Customer order processing level isthat
• ……………….includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy.
• EOQ is that order quantity which result in …………total inventory cost.
• …………analysis, parameters for classification of inventory is unit price of material.