Examlex
Jasmine has eaten all of her dessert and remarks, "All gone pie." This is an example of the negative called
Safety Inventory
Additional inventory kept to protect against variability in demand or supply, ensuring that stockouts are minimized.
Cycle Service Level
A measure of a company's ability to deliver products to customers within the committed time frame, often used as an indication of inventory management effectiveness.
Fill Rate
The percentage of customer demand that is met without backorders or stockouts, reflecting a company's ability to satisfy orders with available inventory.
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.
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