Question
Consider the following information: Probability of a back order is 55%, a lost sale is 26%, and a lost customer is 19%. The cost per
Consider the following information: Probability of a back order is 55%, a lost sale is 26%, and a lost customer is 19%. The cost per incident of a back order is $120, a lost sale is $4500, a lost customer is $53,000.
If you experience 15 stockouts per year, the maximum amount of investment you would consider on eliminating stockouts is _?
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Investing All In One
Authors: Eric Tyson
1st Edition
1119376629, 978-1119376620
