A chart that uses subgroup averages to decide the stability of a process.

The number of days outstanding a receivable is during the accounting period.

The way the cost of inventory is calculated over a period of time. The cost of the goods and the number are used for this.

The amount of accounts in receivables, cash, and inventory just to name a few. They are easily converted into cash or can be sold in the year.

1. A party given access to make security, financial, and operations decisions. 2. the hourly rate an employee is paid. Farmers do not pay this way. This becomes the benchmark pay per

1. the time before a debt is to be paid. the figures are used to compare the best option. Refer to half life. AKA economic life.

The average quality expected of a product after it has been manufactured.

The most quality to be expected in the manufacturing process. A samping plan and proper disposal are considered.

All costs for manufacturing divided by the units produced.

When an investor buys long position shares to reduce prices and make more profit. Compare this term to average down and dollar cost averaging.

The amount the insured benefits available weekly.

The broadest marine coverage that pays partial or total loss. The amount is paid in full no matter the average.

A hobby that a person likes to do when they are not working.

The cost saved by buying resale instead of building a new plant. The capital cost and operating cost of the plant are considered.

When minimal assertiveness is used to handle a conflict. Each party tends to stay away from the other.

The unit of goods sold by weight. Precious metals are not considered. A pound is considered 16 ounces. Metals are sold in troy ounces which is different.

1. To take a bid for a contract. 2. a written decision for court that must be followed.

The party that gives a contract to the bidder.

How well a brand or company is knows. A target is set to increase sales.

A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it