OBSOLETE INVENTORY
It’s a term used that refers to an inventory which is basically at the end of its product life cycle, and has not seen any significant sales for a specific period. This type of inventory may cause big losses for a company.
POPULAR TERMS
Quality Control Chart
A graphic that shows if sampled products are meeting their intended specifications and, if not, the degree by which they vary from those specificat ...
Value Chain
Value Chain is a high-level model depicting the process of how a particular business obtains raw materials and adds value to these materials by und ...
Stepwise Regression
Incremental, iterative construction of a regression model encompassing selecting independent variables automatically. This can be attained either b ...
Topside
Upper portion of an oil platform holding the drilling rig, production plant, and accommodation block or lodging. Seen above the water line, it pert ...
Conditional Probability
Probability of an event granted that another has occurred. It is computed by multiplying the probability of the previous event by the recent probab ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | ANZ Commodity Prices | Jun | |
| 03:30 | ANZ Jobs Advertisements | Jun | |
| 08:00 | Factory Orders | May | |
| 09:00 | Unemployment Rate | Jun | |
| 10:30 | Construction PMI | Jun | |
| 10:30 | Sentix Investor Confidence | Jul | |
| 11:00 | PPI | May | |
| 11:00 | Retail Sales | May | |
| 15:45 | Final Services PMI | Jun |
