Fill Rate
The fraction of demand that is met through immediate stock availability, without being backordered. It can be defined as one of the following:
• Fill Rate as the probability of having positive stock on the shelf during the replenishment cycle
• Fill Rate as the probability of having positive stock on the shelf during the replenishment cycle, considering the benefit of the batch order size (Re-Order Quantity >1)
• The expected percentage of demand met from off the shelf stock during the replenishment cycle, from a supply perspective
• The expected percentage of demand met from off the shelf stock during the lead time, from a demand perspective
On the Time Series container of the Stocking Policy page, the Fill Rate is for the Scenario.
Comparison fields
For comparison fields, there are three values shown per field:
• (A) — The value from the first scenario selection
• (B) — The value from the compare scenario selection
• (Delta) — The difference between the two selections