Question: 3. What is the difference between the probability of a stockout and the magnitude of a stockout? 4. Illustrate how fine-line inventory classification can be

3. What is the difference between the probability of a stockout and the magnitude of a stockout?

4. Illustrate how fine-line inventory classification can be used with product and customer segments. What are the benefits and considerations when classifying inventory by product, customer, and customer/product?

3. What is the difference between the probability of a stockout and the magnitude of a stockout? 4. Illustrate how fine-line inventory classification can be used with product and customer segments. What are the benefits and considerations be used with product and customer

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