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if you give me new answer i will give you like 163 Calculate the weighted average fill rate based upon the following information. You stock
if you give me new answer i will give you like
163 Calculate the weighted average fill rate based upon the following information. You stock four items with the following probabilities of buying the products in stock. PRODUCT IN-STOCK. PROBABILITY A 99 B 96 92 D 90 The frequency of order combinations is shown in the following table, ORDER COMBINATION PERCENTAGE OF ORDERS A 25% B 10% 10% D 5% AB 25% A,B,C 15% ARD 5% BC 5% (A) Based upon this information, what is the weighted average fill rate for these products? (10 points) [B] Discuss why a weighted average fill rate is used. What does it truly measure 15 points)Step by Step Solution
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