Question: 16) Calculate the weighted average fill rate based upon the following information. You stock four items with the following probabilities of having the products in

16) Calculate the weighted average fill rate

16) Calculate the weighted average fill rate based upon the following information. You stock four items with the following probabilities of having 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% 25% , A, B, C 15% AD 5% BC 5% (A) Based upon this information, what is the weighted average fill rute for these products? (10 points) [B] Discuss why a weighted average fill rate is used. What does it truly measure 15 points) 16) Calculate the weighted average fill rate based upon the following information. You stock four items with the following probabilities of having 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% 25% , A, B, C 15% AD 5% BC 5% (A) Based upon this information, what is the weighted average fill rute for these products? (10 points) [B] Discuss why a weighted average fill rate is used. What does it truly measure 15 points)

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