4. True or False 4. (b)

The diminishing population method of cycle counting involves counting items when that SKU’S stock level reaches zero.

(a) True

(b) False 5. Fill rates indicate: 5. (c)

(a) how much of a particular SKU you have in stock at the end of a calendar month.

(b) the quantitative nature of your inventory.

(c) if you had what you needed when you needed it.

(d) the ratio of accurate shelf counts to record counts.