What does a stock out mean? What are the implications of this? How can it be prevented?
Question:
What does a ‘stock out’ mean? What are the implications of this? How can it be prevented?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
A stock out refers to a situation where a business or retailer runs out of inventory for a particular product In other words the item is no longer ava...View the full answer
Answered By
Rustia Melrod
I am a retired teacher with 6 years of experience teaching various science subjects to high school students and undergraduate students. This background enables me to be able to help tutor students who are struggling with the science of business component of their education. Teaching difficult subjects has definitely taught me patience. There is no greater joy for me than to patiently guide a student to the correct answer. When a student has that "aha!" moment, all my efforts are worth it.
The Common Core standards are a useful yardstick for measuring how well students are doing. My students consistently met or exceeded the Common Core standards for science. I believe in working with each student's individual learning styles to help them understand the material. If students were struggling with a concept, I would figure out a different way to teach or apply that concept. I was voted Teacher of the Year six times in my career. I also won an award for Innovative Teaching Style at the 2011 National Teaching Conference.
4.90+
4+ Reviews
10+ Question Solved
Related Book For
Accounting Information For Business Decisions Accounting
ISBN: 9780170446242
4th Edition
Authors: Billie Cunningham, Loren A. Nikolai, John Bazley, Marie Kavanagh
Question Posted:
Students also viewed these Business questions
-
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
-
Microkernel operating systems aim to address perceived modularity and reliability issues in traditional "monolithic" operating systems. (i) Describe the typical architecture of a microkernel...
-
350 Specification and Verification II Explain how a register can be modelled either as a unit-delay, or with an explicit clock input. [4 marks] Describe the relationship between the two models. [4...
-
Explain how an antibody is able to recognize a specific antigen. (Include an explanation of an epitope in your answer.)
-
For the vectors given in Problem 34, express a. (vector)A - (vector)B b. (vector)B - (vector)A unit vector notation.
-
Explain the difference between a bank having a liquidity problem and a solvency problem. How does each problem affect a bank's balance sheet?
-
On the average, a firm has 10 weeks of work-in-process, and annual cost of goods sold is $15 million. Assuming that the company works 50 weeks a year: a. What is the dollar value of the...
-
Mendoza Corporation was organized on January 1, 2014. It is authorized to issue 20,000 shares of 6%, $40 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2...
-
Question 9 (1 point) What is the one primary difference between variable and absorption costing? a) Fixed manufacturing costs is charged as an expense under absorption costing. b) Under variable...
-
To what does FIFO refer?
-
What does insufficient funds mean in relation to a transaction on a bank statement?
-
With respect to risk-averse investors, a risk-free asset will generate a numerical utility that is: A. The same for all individuals. B. Positive for risk-averse investors. C. Equal to zero for...
-
in a thermodynamics, a phase means what?
-
Give me a 3 python codes in (Discrete Mathematics course) for : 1-basic algorithm 2- the growth of functions 3- Complexity of Algorithms And explain how its works with examples.
-
Using the perpetual inventory system, calculate the ending inventory and Cost of Goods Sold under each of the following methods. Beginning Inventory 10 units @ $1 Purchases January 5 January 20 20...
-
the manager of wongs food express estimates operating costs for the year will total $300,000 for fixed costs. 28. find the sales dollars required with a contribution margin ratio of 40 percent to...
-
Tara Williams and Tilly North had been yoga buddies for almost a decade. Yoga was an escape from the daily stresses of being working parents for both of them. One thing Tara and Tilly always talked...
-
Clayton Company exchanged a used machine with a book value of $ 26,000 (cost $ 54,000 less $ 28,000 accumulated depreciation) and cash of $ 8,000 for a delivery truck. The machine is estimated to...
-
Question 6.10 Current and deferred tax worksheets and tax entries From the hip Ltd?s statement of profit or loss for the year ended 30 June 2007 and extracts from its statements of financial position...
-
You have been hired by a catalog company to computerize its sales order entry forms. Approximately 60 percent of all orders are received over the telephone, with the remainder either mailed or faxed...
-
Citizen's Gas Company (CGC) provides natural gas service to 200,000 customers. The customer base is divided into the following three revenue classes: Residential customer gas usage is highly...
-
The local community feels that secondary school education is a necessity in our society and that lack of education leads to a number of social problems. As a result, the local school board has...
-
If the auditor believes that the financial statements prepared on the basis of the entity's income tax are not adequately titled, the auditor should : A)Issue a resignation of opinion. B)Explain the...
-
initial stock offering to the public. This REIT specializes in the acquisition and management of warehouses. Your firm, Blue Street Advisors, is an investment management company that is considering...
-
Question 3 You have been hired to run a pension fund for Mackay Inc, a small manufacturing firm. The firm currently has Gh5 million in the fund and expects to have cash inflows of $2 million a year...
Study smarter with the SolutionInn App