Opportunity cost

From Pricing Wiki
Revision as of 10:38, 1 August 2012 by Clement Chatelet (talk | contribs) (Protected "Opportunity cost" ([edit=sysop] (indefinite) [move=sysop] (indefinite)))
Jump to navigation Jump to search

An opportunity cost is the expected loss in future revenue from selling a unit of product now rather than reserving it for a future sale.

It applies only to products/services with limited inventory or replenishment constraints.