Question: Show - Off Round: $ 1 , 0 0 0 1 . The uncertainty regarding the accuracy of the firm s forecasts of future product

Show-Off Round: $1,000
1. The uncertainty regarding the accuracy of the firms forecasts of future product or raw materials demand
2. The costs of lost sales and lost goodwill associated with stock-outs
3. The probability of delays in receiving shipments of orders
What are the factors that affect the fixed-cost component of a firms ordering cost?
What are the factors that affect an items carrying costs?
What are the factors that generally exhibit a direct or positive relationship with a firms safety stock?

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