JIT (Just-In-Time) Inventory

Business / Accounting / JIT (Just-In-Time) Inventory: An inventory system that allows for the elimination of inventory stockpiles and inefficiency and waste: raw materials arrive 'just in time' for production and finished goods 'just in time' for sale.

Number Of Days Of Inventory On Hand

Business / Accounting / Number Of Days Of Inventory On Hand: An alternative measure of how well inventory is being managed: computed by dividing 365 days by the inventory turnover ratio. MORE

Periodic Inventory

Business / Accounting / Periodic Inventory: A Periodic Inventory is one whose balance is updated on a periodic basis, ie. every week/month/year. See Inventory . MORE

National Wetland Inventory

Business / Agriculture / National Wetland Inventory: An ongoing national survey of wetlands conducted by the Fish and Wildlife Service, primarily for scientific purposes. The data and maps it produces were used to track gains and losses of wetlands for MORE

National Resources Inventory (NRI)

Business / Agriculture / National Resources Inventory (NRI): A periodic survey of status and changing conditions of the soil, water, and related resources on private land conducted by USDA’s Natural Resources Conservation Service. The survey is conducted ever MORE

Market Jitters

Business / Finance / Market Jitters: Anxiety among many investors, causing them to sell stocks and bonds, pushing prices down. MORE

Periodic Inventory Method

Business / Accounting / Periodic Inventory Method: A system of accounting for inventory in which cost of goods sold is determined and inventory is adjusted at the end of the accounting period, not when merchandise is purchased or sold. MORE

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