A comparison between the order and the volume fill rates for a base-stock inventory control system under a compound renewal demand process

Research, Article, Preprint OPEN
Larsen, Christian; Thorstenson, Anders;
(2006)

The order fill rate is less commonly used than the volume fill rate (most often just denoted fill rate) as a performance measure for inventory control systems. However, in settings where the focus is on filling customer orders rather than total quantities, the order fil... View more
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