Why are stockout costs difficult to determine? Suggest an approach that might be used to estimate them.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Stockout cost results from loss of current sales and loss of future sales ...View the full answer
Answered By
Chaitanyakumar Rapolu
I am master of statistics. I can help bachelor and master level students with their assignment, homework, project and quiz. I can provide step-by-step written solution of all kind of statistics questions. Also I am expert of data analysis using software like Excel, R programming, etc. I can explain each and every statistical concept in easy manner by using real life examples so that student can understand the subject systematically. I develop the thinking process of student by asking twisted but interesting questions. I prepare my own notes according to the syllabus and provide variety of questions to the students for practice purpose.
I am expert in the following subjects and topics
Statistics: Descriptive statistics, Probability and Probability distributions, Inference, Sampling and Sampling distributions, Testing of Hypothesis (Parametric and Non-Parametric), Regression Analysis, ANOVA, Quantitative techniques and Statistical analysis with R programming.
Operations research: Linear programming, Transportation problem, Assignment problem, PERT & CPM, Inventory, Game Theory.
Discreet Mathematics: Set theory, Functions, Mathematical Logic, Relations, Posets, Lattices, Boolean Algeabra, Group Theory, Graph Theory.
Numerical Methods: Root finding, Numerical Differentiation, Numerical Integration.
0 Reviews
10+ Question Solved
Related Book For 
Operations Management in the Supply Chain Decisions and Cases
ISBN: 978-0073525242
6th edition
Authors: Roger Schroeder, M. Johnny Rungtusanatham, Susan Goldstein
Question Posted:
