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Definition of processing time
the actual time consumed performing the
the total units produced during a period
the number of total units that could be
Related: Premium payback period.
Line depicting the operating activities and cash flows for a firm over a particular period.
The time that elapses between receipt of payment from a customer and the
the time between the placement of an order to
a source document that indicates, for each employee, what jobs were worked on during the day and for what amount of time
the amount of time spent in storing inventory or
Refers to the time it takes the receiver of a check to process the payment and
the time taken to perform quality control activities
Systems that schedule materials/inventory to arrive exactly as they are
a philosophy about when to do something;
A cluster of manufacturing, design, and delivery practices designed to
The term for several manufacturing innovations that
a production system that attempts to acquire components and produce inventory only as needed, to minimize product defects, and to
a system that maps the skill sets employees
see cycle time
A money manager who assumes he or she can forecast when the stock market will go up and down.
A pay premium of 50 percent of the regular rate of pay that is earned
A real time stock or bond quote is one that states a security's most recent offer to sell or bid (buy).
the actual time consumed performing the functions
A device used to stamp an employee’s incoming or outgoing time
Interest-bearing deposit at a savings institution that has a specific maturity.
See term deposit.
Demand for payment at a stated future date.
Also called time value, the amount by which the option price exceeds its intrinsic value. The
Time to maturity
The time remaining until a financial contract expires. Also called time until expiration.
Time until expiration
The time remaining until a financial contract expires. Also called time to maturity.
Time value of an option
The portion of an option's premium that is based on the amount of time remaining
Time value of money
The idea that a dollar today is worth more than a dollar in the future, because the dollar
Time-weighted rate of return
Related: Geometric mean return.
A document or electronic record on which an employee records his or
representation of the amounts and timing of all
times interest earned
A ratio that tests the ability of a business to make
Earnings before interest and tax, divided by interest payments.
Times Interest Earned Ratio
A measure of how well a company is able to meet its interest
the time consumed by moving products or
time available or needed to effect a turnaround.
any object or facility whose processing speed is
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