If you have total annual cost (TAC), total annual setup cost (TASC), total annual holding cost (TAHC), and total annual materials purchase cost (TAMPC), then you can calculate total annual stock-out cost (TASOC) by this formula.
a. TASOC = TAC – TASC – TAHC – TAMPC
b. TASOC = TAC + TASC – TAHC – TAMPC
c. TASOC = TAC + TASC + TAHC – TAMPC
d. TASOC = TAC + TASC – TAHC + TAMPC
a. TASOC = TAC – TASC – TAHC – TAMPC
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________ involves sending letters or catalogues to reach potential customers
A) Direct mail marketing B) Advertising C) Personal selling D) Telemarketing
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