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What is Measuring Effective Service Level in Inventory about?

This document summarizes a research paper about measuring effective service level in inventory management. It discusses how typical service level measurements do not account for lost sales, which are demands that are not filled or recorded. The paper introduces concepts like effective demand, effective service level, and the portions of unfilled demand that become backorders versus lost sales. It provides tables to estimate these values based on the typical service level and portion of unfilled demand that

Author

Jatinder Gill

Language

EN