What is meant by service level - describe the difference, Business Management

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What is meant by service level - describe the difference

What is meant by "service level"? Explain the following:

All things being equal, the production order quantity will be larger than the economic order quantity ? Describe the difference between a fixed-quantity ( Q ) and a fixed-period ( P ) inventory system.

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Business Management: What is meant by service level - describe the difference

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Business Management: What is meant by service level - describe the difference

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