What is fill rate and how ro calculated?

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Fill rate is the percentage of customer orders that are fulfilled by a company within a specific time period.

Fill rate is a measure of a company's ability to meet customer demand.
It is calculated by dividing the number of orders fulfilled by the total number of orders received.
For example, if a company received 100 orders and fulfilled 90 of them, the fill rate would be 90%.
A high fill rate indicates that a company is meeting customer demand and managing inventory effectively.
A low fill rate can lead to lost sales and dissatisfied customers.
Fill rate can be calculated for different time periods, such as daily, weekly, or monthly.

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