Measuring Item Fill-Rate Performance in a Finite Horizon

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Douglas J. Thomas;
  • Journal: Manufacturing & Service Operations Management, volume 7, issue 1 September, pages 74-80
  • Related identifiers: doi: 10.1287/msom.1040.0064
  • Subject: inventory, base-stock policy, service-level constraint

The standard treatment of fill rate relies on stationary and serially independent demand over an infinite horizon. Even if demand is stationary, managers are held accountable for performance over a finite horizon. In a finite horizon, the fill rate is a random variable.... View more
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