"Well if you're out of Duff I'll just take my business elsewhere!" the customer shouted as he stomped out of the Quickie Mart. This unfortunate incident could be described as:
A) a stockout.
B) a backorder.
C) a backlog.
D) yield management.

Question

Quizplus · Accepted Answer

A stockout occurs when a business runs out of a particular product and is unable to meet customer demand. In this scenario, the customer is upset because the Quickie Mart is out of Duff, which means they are experiencing a stockout. Backorders and backlogs refer to orders that have not yet been fulfilled, while yield management is a strategy used by businesses to adjust prices based on demand to maximize revenue.

"Well If You're Out of Duff I'll Just Take My