Stock out cost, Business Management

Assignment Help:

Stock out cost means the cost associated with not serving the customers. Stock outs imply shortages. If the stock out is internal ( that is in the production system) it would imply that some production is lost resulting in idle time for men and machines or that the work is delayed which might attract some penalty. While if the stock out is external it would result in a loss of potential sales and / or loss of customer goodwill. A shortage can evoke different reactions from customers it would result in a backorder or a lost sale. In case of backorder the sales are not lost they are only delayed.


Related Discussions:- Stock out cost

Home assignement, 7 p''s in services marketing in govt college

7 p''s in services marketing in govt college

Communication, outline with example four main barriers to communication

outline with example four main barriers to communication

Planning for Long-Term Success, You are to write a three to four (3–4) page...

You are to write a three to four (3–4) page paper that answers the following: Once an organization has identified its business foundation, it begins the process of developing

Define good governance, QUESTION 1 a) Define good governance b) Desc...

QUESTION 1 a) Define good governance b) Describe the importance of good governance in the business context QUESTION 2 Taking the Mauritian context in consideration

Discuss the rationale for technical analysis, Question 1: (a) With the ...

Question 1: (a) With the use of a diagram describe what is meant by indirect investing. (b) What are mutual funds? (c) The total market value of all stocks of Dodo Investmen

Data confidentiality, QUESTION Security Risk Management is a systematic...

QUESTION Security Risk Management is a systematic process for determining the likelihood of various security attacks and for identifying the actions needed to prevent or otherw

Potential impacts of an agricultural project, (a)(i) State the major advant...

(a)(i) State the major advantages of using matrices for conducting EIAs.   (ii) Explain how overlays are essential tools for assessing potential impacts of an agricultural proje

Explain the functions of the financial services commission, QUESTION (a...

QUESTION (a) Mr. Bob is the director of ABC Co. Ltd, a shoe making company. Mr. Bob wants to change the business activities of the company to carry out leasing activities. He s

Discuss about the term marketing briefly, Discuss about the term marketing ...

Discuss about the term marketing briefly. Marketing: All organisations are engaged within producing products or services meant for employ/consumption through people at huge.

Explain the main types of communication networks, QUESTION (a) Communic...

QUESTION (a) Communication in business organizations is essential to transfer information from one level to another and the effectiveness of management largely depends upon it.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd