Stock-Out Probability vs. Magnitude (Logistics)

What is the difference between the probability of a stock-out and the magnitude of a stock-out? In reference to logistics.In reference to logistics, the major difference between the probability of a stockout and the magnitude of a stockout, is the fact that the probability of a stockout is the actual statistical probability or chance that the …

Stock-Out Probability vs. Magnitude (Logistics)

What is the difference between the probability of a stock-out and the magnitude of a stock-out? In reference to logistics.In reference to logistics, the major difference between the probability of a stockout and the magnitude of a stockout, is the fact that the probability of a stockout is the actual statistical probability or chance that the …

Stock-Out Probability vs. Magnitude (Logistics)

What is the difference between the probability of a stock-out and the magnitude of a stock-out? In reference to logistics.In reference to logistics, the major difference between the probability of a stockout and the magnitude of a stockout, is the fact that the probability of a stockout is the actual statistical probability or chance that the …

Stock-Out Probability vs. Magnitude (Logistics)