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Definition of Random-location storage
The technique of storing incoming inventory in any
the systematic assignment of an amount to a recipient
The process of storing costs in one account and shifting them to other
hours, machine hours or volume of production
a method of allocating joint cost to joint products using a
The decision regarding how an institution's funds should be distributed among the
A racking system using automated systems
decision Allocation of invested funds between risk-free assets versus the risky portfolio.
A random value that can take any fractional value within specified ranges, as
the assignment, using some reasonable basis,
A random variable that can take only a certain specified set of discrete possible
An asset allocation strategy in which the asset mix is mechanistically shifted in
An inventory storage technique under which permanent
a method of allocating joint cost to joint products that uses, as the proration base, sales value at split-off minus all costs necessary
A random variable that has a normal probability distribution.
The process of spreading production overhead equitably over the volume of production of goods or services.
physical measurement allocation
a method of allocating a joint cost to products that uses a common physical characteristic as the proration base
The storage of stock in a location in or near the shop floor
Policy asset allocation
A long-term asset allocation method, in which the investor seeks to assess an
A storage location labeled as the primary location for a specific
A function that assigns a real number to each and every possible outcome of a random experiment.
Theory that stock price changes from day to day are at random; the changes are independent
random walk theory
Security prices change randomly, with no predictable trends or patterns.
A strategy of introducing into the decision-making process a random element that is
sales value at split-off allocation
a method of assigning joint cost to joint products that uses the relative sales values of the products at the split-off point as the proration basis; use of this method requires that all joint products
Tactical Asset Allocation (TAA)
An asset allocation strategy that allows active departures from the normal
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