stockout cost

A cost that results from the absence of an item from inventory. Stockout costs may include the loss of a *sale and the costs of disruption to a Manufacturing process, depending on the nature of the item absent from inventory.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • shortage cost — An alternative term for *stockout cost …   Auditor's dictionary

  • Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… …   Wikipedia

  • Commodity — Wares redirects here. For the online distribution of copyrighted goods, see Warez …   Wikipedia

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