term cost opportunity help what is
Meaning of opportunity cost. What is it: handling alternative. In SNP optimization this term is.

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Definition opportunity cost

OPPORTUNITY COST title: opportunity cost (SCM-APO-SNP) (SAP Library - Glossary)
OPPORTUNITY COST category: Supply Network Planning (SNP) (SCM-APO-SNP)
OPPORTUNITY COST explained:

Revenue or profit that is lost in comparison with a better handling alternative.

In SNP optimization this term is used to describe the costs that are incurred when it is not possible to fulfil a sales order. It is not only the revenue from this this order that is lost but other "opportunities", such as subsequent orders etc.

More terms such as opportunity cost in Dictionary O.

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