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Definition of Floor planning
Arrangement used to finance inventory. A finance company buys the inventory, which is then
Financial planning conducted by a firm that encompasses preparation of both
An agreement in which one party agrees to pay the other at specific time periods if a specific
The process of evaluating the investing and financing options available to a firm. It
A member who is paid a fee for executing orders for clearing members or their customers. A
A member who generally trades only for his own account, for an account controlled by him or
An interest rate agreement in which payments are made when the reference rate falls
Computer-based systems that plan backward from the production schedule
The length of time a model projects into the future.
A method of budgeting in which budgets are allocated to projects or programmes rather than to responsibility centres.
a packaged software program that allows a company to
a fully integrated materials requirement planning system that involves
a computerbased information system that simulates the ordering and
the process of creating the goals and objectives for
the process of developing a statement of
the process of determining the specific
Interest-rate option that guarantees that the rate on a floating-rate
Manufacturing resource planning (MRP II)
An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of
Material requirements planning (MRP)
A computer-driven production methodology
Time horizon for a financial plan.
A budgeting process using summary-level information to
Enterprise resource planning system
A computer system used to manage all company
Low-cost, high-usage inventory items stored near the shop floor,
Manufacturing resource planning
An integrated, computerized system for planning
Material requirements planning
A computerized system used to calculate material
An insurance program designed to provide funds for insured's dependents upon death of the insured, and to also conserve, as much as possible, the personal assets that the insured wants to bequeath to heirs.
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