Posted by: Pdfprep
Post Date: January 20, 2021
Stockout frequency refers to:
A . the probability that a firm will not have inventory available to meet customer orders.
B . a single event where a firm will not have inventory available to meet customer orders.
C . the cost of sales that a firm will have when insufficient inventory is available to meet customer orders.
D . the percentage of days in which inventory necessary to meet customer orders is missing.
Answer: A
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