Difference between revisions of "Opportunity cost"
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(Created page with "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/servi...") |
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Revision as of 16:42, 30 July 2012
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.