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Business, 22.01.2020 06:32 goodkida7

Calculate the expected cost per stockout with the following information: probability of a back order is 67%, lost sale is 22%, and the probability of a lost customer is 11%. the cost per incident of a back order is $50, lost customer is $65,000. the sales price of the item is $12 with a 20% profit margin. the average order is 50.

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