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Glossary
factor
each item in the hierarchy of the model including categories, sub-categories, and criteria
financial snapshot
a means to view the current financial situation of a company. They may include financial statements, daily tracking of sales, or accounts receiveable balances.
finite scheduling
a scheduling methodology where the amount of work assigned to a group center is such that no work center exceeds its capacity.
fixed amount price change
shows the affect of a price change on an item when a specified amount is added or reduced
fixed assets
manages depreciation and other costs associated with tangible assets such as buildings, property and equipment
fixed cost
an expenditure that does not vary with production volume e.g., rent, property tax etc.
fixed pick time
a specific time when product is taken from the warehouse
flow manufacturing
a type of manufacturing where production is done at a particular rate, in a continuous, uninterupted manner.
forecast halo
describes the positive sales lift of a product that results from promoting another product
Form 1099
a form issued by the US Internal Revenue Service (IRS), which is used in the US income tax system
fourth-generation language
fourth-generation language (4GL) is a high-level language used for data access and complex data manipulatoin
free goods discounting
in retail, this refers to any free items that are given away with purchase (freebies)
freight bill
a carrier's invoice for the transportation charges applicable to a freight shipment
frozen cost
a standard cost that is calculated at the beginning of each year and then is used for valuation purposes throughout the year
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