Lost Sales definition

Lost Sales has the meaning set forth in Section 6.2.
Lost Sales means, determined on a quarterly basis for each calendar quarter or portion thereof during a Supply Interruption, the quantity of sales that Replidyne would have reasonably realized from Third Parties for Drug Products which Replidyne cannot fill because it is out-of-stock due to a Supply Interruption.
Lost Sales shall have the meaning set forth in Section 2.10(c) (i)(B)(2) hereof.

Examples of Lost Sales in a sentence

  • In the next section the evaluation of the model is examined the associated cost factors are formulated: Holding, Trans- portation, Lost Sales and Scraping costs.

  • A dirty Condenser can result in NON-WARRANTEED part & Compressor Failures, Product Loss, and Lost Sales.

  • This analysis and the policies which we propose leverage our observation that the classical "Lost Sales inventory problem" is a special case of this problem.

  • Notwithstanding the foregoing, as liquidated damages and not as a penalty, Nisso shall pay to Replidyne an amount equal to Replidyne’s Net Margin for Lost Sales.

  • Customer Dem and 750Offshore Order 1,000Customer Dem and 1,250- 250 Unhappy Custom ersForecast 1,000- Lost Sales Pre-Print- 250 Excess Garm ents- Declining Margins- Sales Cannibalization Figure 6.

  • Figure 4.12: Pareto-front Lost Sales Value Figure 4.13: Pareto-front Lost Sales Qty As these figures show, a relatively smart part of the products resulted in a relatively big part of the lost sales in terms of quantities and/or value.

  • Althoug h not mandatory for all as it is a matte r of choice , but Se cre tariat has sug g e ste d that this is hig hly re comme nde d.

  • Figure 4.7: Lost Sales per Lead Time Type over timeFigure 4.8: Boxplot per Lead Time Type The results of the t-test of statistical difference are given below, and show that products de- livered on SLT had slightly higher lost sales percentages.H0:The mean of the lost sales percentage of SLT products is equal to the mean of the lost sales percentage of FLT products.H1:The mean of the lost sales percentage of SLT products is not equal to the mean of the lost sales percentage of FLT products.

  • Figure 4.5: Average Lost Sales per AA Type over timeFigure 4.6: Boxplot of differentAA Types The two subsets consisting of the lost sales percentages among the different product categor- ies are statistically compared using a t-test.

  • Figure 4.1: Histogram of Lost Sales % Figure 4.2: Boxplot of Lost Sales % Although the observed data follow a heavily skewed distribution, all observations are in the range (0,1).


More Definitions of Lost Sales

Lost Sales means, determined on a quarterly basis for each calendar quarter or portion thereof during an EXTENDED SUPPLY INTERRUPTION, the greater of: (a) 65% of the dollar amount MEDICIS would have invoiced for BACKORDERS placed with MEDICIS during such quarter or portion thereof; or (b) 70% of the average of NET SALES for the four (4) most recently completed calendar quarters prior to the commencement of the SUPPLY INTERRUPTION immediately preceding such EXTENDED SUPPLY INTERRUPTION; provided, however, that (i) for any such calculation for any calendar quarter or portion thereof in 1998, such average shall be of NET SALES for the three (3) rather than four (4) most recently completed calendar quarters prior to the commencement of such SUPPLY INTERRUPTION, (ii) any calculation under this Section for a portion of a calendar quarter shall be made on a pro rata basis based on a ninety (90) day calendar quarter, (iii) to the extent that NET SALES for any calendar quarter (or pro rata portion thereof) are based on sales of quantities of LOPROX LOTION which exceeds the quantity of the INTERRUPTED MEDICIS ORDERS for such LOPROX LOTION for the calendar quarter (or portion thereof) for which LOST SALES are being determined, the corresponding NET SALES value of such quantities in excess of the INTERRUPTED MEDICIS ORDERS shall be excluded from the determination of NET SALES, and (iv) only quantities of inventory for which MEDICIS is out-of-stock due to the SUPPLY INTERRUPTION shall be included in the calculation of NET SALES. (c) Notwithstanding anything to the contrary in subparagraphs 2(a) or 2(b) above, in the event MEDICIS is out-of-stock for LOPROX LOTION during any period of any EXTENDED SUPPLY INTERRUPTION due solely to MEDICIS' failure to maintain a minimum inventory of such LOPROX LOTION in accordance with Section 2.6 hereof and subject to the qualifications set forth therein, in determining LOST SALES hereunder: (i) any BACKORDERS or portions thereof which cannot be filled due solely to the failure on the part of MEDICIS in accordance with Section 2.6 shall be excluded from the calculation pursuant to subparagraph 2(a) above, and (ii) the corresponding NET SALES value of any such quantities of inventory which MEDICIS has failed to maintain in accordance with Section 2.6 shall be excluded from the determination of NET SALES for purposes of subparagraph 2(b) above.
Lost Sales means the net sales price (as determined by the Inter-Company Pricing Policy) of UCC Products which, but for the failure of TDCC and TDCC Affiliates to correctly apply the principles set forth in Paragraph 2(a) of this Agreement would have been realized by UCC and UCC Affiliates during a given calendar year, provided, however that, any purchases of UCC Product by TDCC and TDCC Affiliates from UCC and UCC Affiliates that were not required to be made pursuant to the principles set forth in Paragraph 2(a) of this Agreement shall be creditable by TDCC and TDCC Affiliates against Lost Sales for such calendar year or, to the extent not used in such calendar year, for the subsequent calendar year.
Lost Sales means, with respect to the Business:

Related to Lost Sales

  • Loss of Use means the total and irrecoverable loss of function of an arm, hand, foot, leg or thumb and index finger of the same hand provided such loss of function is continuous for 12 consecutive months and such loss of function is thereafter determined on evidence satisfactory to Chubb Life to be permanent.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Cost of Sales means any costs incurred of the type included in the “Cost of sales (excluding depreciation expense)” line item in the consolidated statement of operations of the Partnership prepared in accordance with GAAP, as presently applied.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Market Share means the percent of sales of the total available market in an industry, product line or product attained by the Company or one of its business units during a time period.

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Downtime means the Total Minutes in the Month during which the Cloud Service (or Servers for Server Provisioning) does not respond to a request from SAP’s Point of Demarcation for the data center providing the Cloud Service (or Server for Server Provisioning), excluding Excluded Downtime.

  • Value Added Services means products, equipment, hardware, Software, or services the Agency procures through Vendor or Vendor Contractors, directly or indirectly, hereunder, including goods or services:

  • Special Damages has the meaning specified in Section 11.21.

  • Net Realized Losses For any Class of Certificates and any Distribution Date, the excess of (i) the amount of Realized Losses previously allocated to that Class over (ii) the amount of any increases to the Class Certificate Principal Balance of that Class pursuant to Section 5.08 due to Recoveries.

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Cost of Goods means the fully burdened cost to manufacture Compound or Drug Product, as applicable, (the “Supplied Product”) which means: (a) [ * ]; and (b) in the case of [ * ]. Actual unit costs shall consist of [ * ].

  • Cost of Goods Sold means [ * ].

  • Gross Margin With respect to each Adjustable Rate Mortgage Loan, the fixed percentage set forth in the related Mortgage Note that is added to the Index on each Adjustment Date in accordance with the terms of the related Mortgage Note used to determine the Mortgage Rate for such Mortgage Loan.

  • Contract Sales Price means the total consideration received by the Company for the sale of an Investment.

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • value added service means any service which requires the processing of traffic data or location data other than traffic data beyond what is necessary for the transmission of a communication or the billing thereof;

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Fraud Losses Realized Losses on Mortgage Loans as to which a loss is sustained by reason of a default arising from fraud, dishonesty or misrepresentation in connection with the related Mortgage Loan, including a loss by reason of the denial of coverage under any related Primary Insurance Policy because of such fraud, dishonesty or misrepresentation.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Final Shared-Loss Recovery Month means the calendar month in which the tenth anniversary of the Commencement Date occurs.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.