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Question 148 - CLTD discussion
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.
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