Question

(6) The proportion of demands that are met from stock during lead time can be defined as type I service level, or fill rate
True or False
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Answer #1

6.

False

It is type 2 service level that caters demand from on hand stock.

7.

False

Inventory is reviewed on a continuous basis.

8.

False

It is the SPT rule scheduling that does the job.

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True or False (6) The proportion of demands that are met from stock during lead time can be defined as type I service level, or "fill rate". In (Q, R) model, we monitor the inventory peri...
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