Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 10, Problem 6DQ
Summary Introduction

Interpretation:

Whether both items have risk of stocking out at least once during the year.

Concept Introduction: Stock out risk is the risk of going out of stock when the demand exceeds the supply of inventory during the lead time. It is a compliment of the service level.

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