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Plizazo Retail wants to formally evaluate the total cost of a stockout. Here is the information provided: 75 percent of all stockouts result in a

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Plizazo Retail wants to formally evaluate the total cost of a stockout. Here is the information provided: 75 percent of all stockouts result in a backorder, and a backorder requires the seller to spend an additional $40;10 percent result in a lost sale for the order, and this loss equals $150 in lost profit; and 15 percent results in a lost customer or a loss of $2,500. What is the total cost per stockout? Explain your process

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