Quantity Supplied The quantity supplied in economics refers to the amount of products or services manufactured and sold by firms at a given market price. This amount…
Visible Supply Visible supply is the volume of a product or service available to be purchased or sold that is currently being stored or transported. Visible supply…
Importance Of Supply Chain Management Supply chain management, also known as SCM, is the management of how goods and services transform from raw materials into products sold to customers. In…
Supply Chain Management (SCM) Supply chain management (SCM) is the optimization of the development and flow of a product from the procurement of raw material to manufacturing, logistics, and…
Distribution Channel In simple terms, a distribution channel (also called a marketing channel) is the flow from production or manufacturing to the final consumer/buyer that a good…
Poisson Distribution In statistics, the Poisson Distribution (/ˈpwɑːsɒn/; French pronunciation: pwasɔ̃) function is a distribution function useful for characterizing events within a definite time or space with…
Auditor Opinions A credential that follows financial statements is an auditor’s opinion. It is based on an analysis of the processes and documents used to create the…
Opinion Poll An opinion poll, also commonly referred to as a poll or a survey, is a way of gathering information about a group’s views or beliefs.…
Types of Debentures on the Basis of Convertibility Debentures are the most popular form of debt capital. A debenture is a written tool accepting a debt under the general authentication of the enterprise.…
Central Limit Theorem (CLT) The central limit theorem (CLT) in probability theory is a statistical principle that states that if the sample size is large enough, the sample means…
Types of Debentures on the Basis of Redemption The term ‘debenture’ is derived from the Latin word ‘debere’ which refers to borrow. It represents a superior and refined form of the age-old promissory…
Normal Distribution The most important distribution of probability in statistics is normal distribution, also called Gaussian or Gauss distribution since it suits many natural phenomena. In the…