DEFINITIZED ITEM
An element of a project that has been established.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
An element of a project that has been established.
The uncertainty in a situation that the result will differ from the estimate. Refer to law of large numbers, odds, and probability.
A security that cannot be converted until a date.
When the price invoiced has all charges on it for delivery without concern for how it will get thre. An import license is sometimes needed.
A supply contract that states minimum and maximum to be delivered during the contract period. It is ordered based on the buyer.
When a large customer of a utility pays based on peak demand in a time.
A rule in mortgage contract letting the lending institute demand payment at maturation.
The quality awar for a Japanese firm or party. It was started in 1951 by W. Edward Deming and is administered by the JUSE. AKA Deming prize.
To show. It can be applied to an object, device, procedure, or example.
The rate charged based on density of the cargo.
The rate overhead in a department to make a product. It has indirect and direct cost to measure the hours on a machine and labor needed.
To take from the land’s value when minerals are taken.
When cash or securities are used as deposit by the holder.
A substance that reduces normal activity or desire for food.
An artistic work taken from existing works that are copyrightable and must be original to be a work in its own right.
Conditions that are taken into account when designing a facility or product.
Testing to make sure design output meets conditions. Refer to verification.
Endurance testing under severe conditions until the product fails. It predicts lifetime and weaknesses. Refer to nondestructive testing.
When information needed to solve a problem isn’t there resulting in uncertainty.
A business that launches itself but operations hasn’t started or have started but has no income.It takes money to make money and that is the result of this stage. The loss is
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