inventory costs
51Master Production Schedule — A Master Production Schedule (MPS) is a manufacturing plan that quantifies significant processes, parts, and other resources in order to optimize production, to identify bottlenecks, and to anticipate needs and completed goods. Since an MPS… …
52оптимизация издержек хранения — — [Упрощение процедур торговли: англо русский глоссарий терминов (пересмотренное второе издание) НЬЮ ЙОРК, ЖЕНЕВА, МОСКВА 2011 год] EN optimization of inventory costs [Trade Facilitation Terms: An English Russian Glossary (revised second… …
53Procurement — is the acquisition of goods and/or services. It is favourable that the goods/services are appropriate and that they are procured at the best possible cost to meet the needs of the purchaser in terms of quality and quantity, time, and location.… …
54Just In Time - JIT — An inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs. This method requires that producers are able to accurately… …
55Economic Lot Scheduling Problem — The Economic Lot Scheduling Problem (ELSP) is a problem in economics that has been studied by a large number of researchers for almost 50 years. The term was first used in 1958 by research professor Jack Rogers, who developed a computational… …
56Customer to customer — (C2C) markets are innovative ways to allow customers to interact with each other. While traditional markets require business to customer relationships, in which a customer goes to the business in order to purchase a product or service. In… …
57Sunk Cost — A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business may face, such as inventory costs or R D expenses, because it has already happened. Sunks costs are independent of… …
58first-in first-out — FIFO An inventory valuation method that assumes inventory is consumed or sold in the order in which it is purchased or manufactured. The FIFO methodology, which allocates older inventory costs to *cost of sales, is acceptable under most forms of… …
59last-in first-out — LIFO An inventory valuation method that assumes inventory is consumed (or sold) in the reverse order in which it is purchased (or manufactured). LIFO methodology, which allocates the most recent inventory costs to *cost of sales, is not… …
60Slot machine — redirects here. For the band, see Slot Machine (band). One armed bandit redirects here. For the album, see One Armed Bandit (album). Slot machines in the Trump Taj Mahal A slot machine (American English), informally fruit machine (British… …
