Question: Probability (l.e., Frequency) Cost Per Incident Customer Response Back Order 0.65 $ 100 Lost Sale 0.2 $ 3,750 Lost Customer 0.15 $ 50,000 1. Based

Probability (l.e., Frequency) Cost Per Incident

Probability (l.e., Frequency) Cost Per Incident Customer Response Back Order 0.65 $ 100 Lost Sale 0.2 $ 3,750 Lost Customer 0.15 $ 50,000 1. Based on the table listing potential customer responses to a stockout, how much could a firm justify investing to reduce or eliminate stockouts

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