Question

Which of the following is NOT a way to measure the availability of inventory? Multiple Choice...

Which of the following is NOT a way to measure the availability of inventory?

Multiple Choice

a) In-stock probability

b) Stockout probability

c) Fill rate

d) Flow rate

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer: D) Flow rate

Flow rate is not the way of measuring the availability of inventory. Generally flow rate is used to calculate the flow rate of any fluid in a pipe or channel.

Whereas,

In-stock probability gives an idea about availability of stock or inventory in the company,

Stock out probability gives idea about the probability of non availability of stock or inventory.

Fill rate is the fraction of customer demand through the stock availability.

All the above 3 are measure the availability of inventory except the flow rate.

Add a comment
Know the answer?
Add Answer to:
Which of the following is NOT a way to measure the availability of inventory? Multiple Choice...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT