Which of the following is the best statement?
A) stockouts do not cost money because customers are willing to wait
B) the cost of a stockout will vary depending on the market served, the customer, and competition
C) stockouts can occur at any time in the inventory cycle
D) stockouts do not depend on the frequency of reorder
E) all the above statements are true

Question

Quizplus · Accepted Answer

Option B is the best statement as it acknowledges that the cost of a stockout is not fixed and can vary based on several factors like the market, customer, and competition. The other options are not entirely accurate or too general in nature.

Which of the Following Is the Best Statement