Stockout costs
A)the costs of not having a product available when demanded by a customer
B)the costs of carrying inventory
C)approach that maintains goods should be pulled through the system by present demand
D)the number of units in the order quantity that minimizes the total cost
E)the costs of placing and receiving an order

Question

Quizplus · Accepted Answer

Stockout costs refer to the costs incurred when a product is not available when demanded by a customer. This can lead to lost sales, dissatisfied customers, and damage to the company's reputation.

Stockout Costs