1
Q
Mandatory
A
Containing or constituting an authorization and/or command. Non-negotiable
2
Q
Equations and formulas
A
Assorted mathematical Expressions used for calculating, illustrating, measuring and defining a variety of metrics and data
3
Q
Economic order quantity metrics
A
In order to maximize company profit, it has to minimize the cost of ordering and storing inventory. Financial metrics are identified to calculate the optimal quantity of inventory to order in store. A = annual demand and units. F = fixed order cost / unit
CVPM
flashcards
Decks in class (8)
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