Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-John Locke
Stockouts
Occur when an item is not in stock and cannot be provided to the customer, leading to potential sales loss and customer dissatisfaction.
Order Fill Rate
A metric that measures the percentage of customer or sales orders fulfilled from stock available at the time the order is placed.
Return on Assets (ROA)
A financial ratio that shows how profitable a company is relative to its total assets, indicating how efficient management is at using its assets to generate earnings.
Return on Net Worth
A measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.
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