Article ID: | iaor20102923 |
Volume: | 37 |
Issue: | 1 |
Start Page Number: | 67 |
End Page Number: | 68 |
Publication Date: | Jan 2009 |
Journal: | Operations Research Letters |
Authors: | Teunter Ruud H |
For base-stock policies, Zhang and Zhang (2007) derive the fill rate, defined as the long-run average fraction of demand satisfied immediately. We derive the same expression for the fill rate defined as the ratio of expected demand satisfied immediately to expected demand, and generalize to (