Definition
Economic consequences of not being able to meet an internal or external demand from the current inventory. Such costs consist of internal costs (delays, labor time wastage, lost production, etc.) and external costs (loss of profit from lost sales, and loss of future profit due to loss of goodwill). Also called shortages costs.
Related Articles
- The Importance of Finding a Financial Advisor That You Can Trust *
- Mutual Funds v. 401(k) for Retirement *
- Common Stock Strategies - Part 3 *
- Introduction to Stock Indexes, DJIA and the NASDAQ *
- Technical Analysis *
- What is Investing? *
- Forex: Scalping Strategy *
- Different Types of Financial Advisors *
Related Videos
http://www.businessdictionary.com/definition/stockout-costs.html
