Average fill rate and horizon length

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Average fill rate and horizon length

Given a sequence of iid demands and an order up to replenishment policy with negligible lead time, we prove that average fill rate is monotonically decreasing in the number of periods in the planning horizon. This was conjectured to be true in a recent issue of this journal.

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ژورنال

عنوان ژورنال: Operations Research Letters

سال: 2005

ISSN: 0167-6377

DOI: 10.1016/j.orl.2004.09.008