I came across this word in the answer provided by Robusto for the question about Thank you.
Because the last e in service is not pronounced, I thought it should be deleted when service is appended by able.
I guess the reason for serviceable may be related to the fact that the i in service is pronounced as [ɪ] but not [aɪ].
However, I am not sure, and I would like to know the reason behind that.