_____ are sales lost because an item is not available in store when customers want it.
A) Stockouts
B) Economic order quantities
C) Inventory losses
D) Standing orders

Question

Quizplus · Accepted Answer

Stockouts are sales lost because an item is not available in store when customers want it. Economic order quantities refer to the optimal order quantity to minimize inventory costs, inventory losses refer to shrinkage or theft of inventory, and standing orders refer to repeated orders of the same product.

_____ Are Sales Lost Because an Item Is Not Available