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Question 148 - CLTD discussion

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Stockout frequency refers to:

A.
the probability that a firm will not have inventory available to meet customer orders.
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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.
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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.
Answers
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.
Answers
D.
the percentage of days in which inventory necessary to meet customer orders is missing.
Suggested answer: A
asked 16/09/2024
Jesus De Leon Luis
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