The Fraction of Orders That Are Filled from Available Inventory

question 82

Multiple Choice

The fraction of orders that are filled from available inventory is the

• A) customer fill rate.
• B) product fill rate.
• C) order fill rate.
• D) cycle service level (CSL).

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Definitions:

Fluctuates

Refers to the variation in the value or level of a variable over time.

Disposable Income

The amount of money that households have available for spending and saving after income taxes have been accounted for.

Capacity Utilization Rate

The percentage of potential economic output that is actually realized, indicating how fully a country or enterprise is using its productive resources.

Margin Rate

Typically refers to the interest rate charged by brokers for borrowing funds to invest in securities.