There are two ways to view stockout costs: from a marketing perspective and from an operations perspective. From a marketing perspective, when an item is not in stock, the firm may lose the revenues from this sale and from any ill-will generated. From an operations perspective, stockout costs may include overtime and additional setups to produce the products to meet the demand, and/or expedited transportation costs to deliver the product to the customer as quickly as possible. Outline briefly what you think the impact of Brexit would be on stockouts for companies in Ireland use the course sources (lecture 9) 500 words maximum
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