|Discrete order picking|
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Definition of Discrete order picking
Discrete order picking
A picking method requiring the sequential completion of
picking for several summarized orders at the same time, thereby
A conditional trading order that indicates a security may be purchased only at the designated
Selecting specific assets for sale so as to record desired gains or losses.
Refers to the volatility of returns on international investments caused by events associated
An order to buy or sell stock that automatically expires if it can't be executed on the day it is entered.
Compounding the time value of money for discrete time intervals.
The process of adding interest to a principal plus interest amount
a reduction in units that occurs at a specific
A random variable that can take only a certain specified set of discrete possible
order size that minimizes total inventory costs.
The order quantity that minimizes total inventory costs.
an estimate of the number
a business mandate that changes the way in which a product is manufactured or a
A trading order that is canceled unless executed within a designated time period.
a source document that provides virtually
job order costing system
a system of product costing used
An order to buy a stock at or below a specified price or to sell a stock at or above a specified
Limit order book
A record of unexecuted limit orders that is maintained by the specialist. These orders are
A production scheduling system under which products are only
This is an order to immediately buy or sell a security at the current trading price.
A guaranteed form of payment in amounts up to and including $5,000. You might request a money order in order to pay for tuition fees at a university or a college, or for a magazine subscription.
Negotiable order of withdrawal (NOW)
Demand deposits that pay interest.
Open (good-til-cancelled) order
An individual investor can place an order to buy or sell a security. That
open purchase ordering
a process by which a single purchase
Order penetration point
The point in the production process when a product is
The process of moving items from stock for shipment to customers.
the level of inventory that triggers the placement
the variable cost associated with preparing,
pecking order theory
Firms prefer to issue debt rather than equity if internal finance is insufficient.
Pecking-order view (of capital structure)
The argument that external financing transaction costs, especially
A document listing items to be removed from stock, either for delivery to the shop floor for production purposes or for delivery to a customer.
Withdrawing parts or subassemblies from stock in order to
Sell limit order
Conditional trading order that indicates that a, security may be sold at the designated price or
special order decision
a situation in which management must determine a sales price to charge for manufacturing or service jobs outside the company’s normal production/service market
A stop order that designates a price limit. In contrast to the stop order, which becomes a
An order to sell a stock when the price falls to a specified level.
Stop order (or stop)
An order to buy or sell at the market when a definite price is reached, either above (on a
The practice of grouping the priority of pick lists so that groups of
The practice of picking by area of the warehouse, rather than by
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