Examlex
Find a formula for for the arithmetic sequence.
Customer Fill Rate
A measure of the ability of a supply chain to deliver the requested product in the quantity and time agreed upon by the customer.
Safety Inventory
Additional stock that is kept in inventory to protect against uncertainties in demand or supply.
Replenishment Cycles
The process and timing involved in restocking goods or inventory to maintain adequate supply levels.
Cycle Service Level
The probability that a demand during a replenishment cycle will be fully met without stocking out.
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