Published by MBA Skool Team, Last Updated: April 16, 2012
What is LIFR (Line Item Fill Rate)?
LIFE or line item fill rate is a measure of the ratio of the actual orders filled in terms of parallel arrangements or lines.
Suppose there are 5 lines which require 100 units each. But only 3 lines have been provided with the full order, and then only 3 lines have said to have met the order. Even if 99 units are received at the other two lines respectively they will not be considered as a fill.
Line item fill rate= Number of lines where order is filled/ Total number of lines
i.e (3/5) * 100 = 60 %
This article has been researched & authored by the Business Concepts Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
Browse the definition and meaning of more similar terms. The Management Dictionary covers over 2000 business concepts from 5 categories.