Method
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Description
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Fill Rate/Probability In Stock
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Fill Rate as the probability of having positive stock on the shelf during the replenishment cycle.
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Fill Rate/Probability In Stock, with Reorder Quantity Benefit
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Fill Rate as the probability of having positive stock on the shelf during the replenishment cycle, considering the benefit of the batch order size (Reorder Quantity >1).
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Approximate Fill Rate: 1â Expected Backorder (ROP+1) / Reorder Quantity
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Fill Rate as the expected percentage of demand met from off the shelf stock during the replenishment cycle, from a supply perspective.
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Approximate Fill Rate: 1â Expected Backorder (ROP+1) / Pipeline Forecast
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Fill Rate as the expected percentage of demand met from off the shelf stock during the lead time, from a demand perspective.
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