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Give three examples of opportunity costs that typically are not recorded in accounting systems, although they are relevant to the EOQ model -23 Change
Give three examples of opportunity costs that typically are not recorded in accounting systems, although they are relevant to the EOQ model -23 Change in contribution margin when safety stock is used Lost contribution margin on existing sales when a stockout occurs Lost contribution margin on potential future sales that will not be made to disgruntled customers The gain in sales quantity by knowing the correct reorder point The long-term bond between the company and their suppliers The return forgone by investing capital in inventory
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