Course Solutions Uncategorized (Answered) : Question 11 (4 points) The cost of stockout varies depending on: customer and competition the market served O the item all of the

(Answered) : Question 11 (4 points) The cost of stockout varies depending on: customer and competition the market served O the item all of the

Question 11 (4 points) The cost of stockout varies depending on: customer and competition the market served O the item all of the above Save

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answer : D ) All of the above

Stockout cost or shoratge cost is the cost foregone by an orgnization due to its inability to supply the goods or services to the internal or external customers . It must be managed by the techniques of inventory control. It depends upon many factors like product type, customer , target market and competition in the maketplace.

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