The Percentage of Demand for an Item That Is Met

question 44

Multiple Choice

The percentage of demand for an item that is met from on-hand inventory,relative to the total demand for that item is referred to as the

• A) safety stock ratio.
• B) cycle service ratio.
• C) item fill rate.
• D) reorder rate.

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Definitions:

Emphatic Positions

Strongly expressed stances or opinions held with confidence and conviction, often intended to persuade or influence others.

Inductive Approach

A method of reasoning that involves drawing generalizations based on observations, starting from specific instances and moving towards broader principles.

Deductive Approach

A reasoning process that moves from a general premise to a specific conclusion.

Antagonizing

Actively causing someone to become hostile or creating an adversary unnecessarily.