The Percentage of Demand for an Item That Is Met

question 164

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

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Definitions:

Promotions And Advancement

Opportunities for employees to progress to higher positions or job levels within an organization.

Work Environment

The setting, conditions, and culture in which an individual performs their job.

Work Experience

The accumulation of employment history and skills acquired by an individual over time.

Greater Flexibility

An increased ability to adapt or respond to changing conditions or situations without significant loss of functionality or efficiency.