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    Stock-Out Probability vs. Magnitude (Logistics)

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    What is the difference between the probability of a stock-out and the magnitude of a stock-out? In reference to logistics.

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    https://brainmass.com/business/business-math/stock-out-probability-vs-magnitude-logistics-492521

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    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 ...

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