APICS Certified Supply Chain Professional (CSCP) — Question 523

Which of the following measures best describes fill rate?

Answer options

• A. Ratio of available inventory to cost of goods sold (COGS)
• B. Ratio of cost of goods sold to available inventory
• C. Percentage of demand satisfied by available inventory
• D. Percentage of closed orders to total orders

Correct answer: C

Explanation

The correct answer is C because fill rate specifically measures how much of customer demand is fulfilled by the inventory available. The other options describe different inventory and sales metrics but do not accurately represent fill rate.