Maintenance work that is carried out following a proper schedule.

A system developed to direct, process and provide maintenance for all the systems within an organization .

A deliberate strategy adopted by businesses in order to render a product of theirs obsolete. Supply is stopped and production is halted after a proper plan, so as to minimize […]

A planned idea of the creation of residential , commercial and recreational areas/ parks as well as industrial buildings within the confinements of any urban city.

The forecasted amount of work that can be completed within a given time frame.

A function of management in which a proper plan is created to balance the needs and demands with the resources that arecurrently available. In planning, the goals are identified, then […]

A series of different steps and decisions that are taken in order to identify goals, objectives and needs, and then plan a way to achieve and fulfill those needs.

The estimated costs that might be incurred during the implementation of a plan. A planning estimate is usually derived from the provided information , and can be based upon various […]

A mathematical formula that depictsthe relation between quantities and different activities.

The amount of time that is covered by an institutions cycle of planning. Usually, the planning horizon is dependent upon the degree of uncertainty within the environment that the firm […]

A phase in the development of a firm in which different strategies are created. The planning mode is usually overseen by the top level executives of a firm, or the […]

A set of different plans which are used to allocate different budgets to different cost accounts.

Approval required from a local body whicih gives allowance over the initiation of a developmental project.

An drawing created by shopkeepers in order to get a better idea of how to effectively manage space on shelves.

A technique used by retail store owners in order to maximize the space available on their shelves for the display of merchandise .

A drawing made to depict the overall design of the support, operational and shopping areas within any retail store. Usually quite detailed.

The fixtures, tools, machinery, and apparatus which are necessary to carry on a trade or business. Wharton. Southern Bell Tel. Co. v. D’Alemberte, 39 Fla. 25, 21 South. 570; Sloss-Sheffield […]

The materials used within plants, either directly or indirectly for the production of goods or services.

An accounts ledger that must be maintained by the plant, detailing all of the information on a certain asset.

The capital assets which are utilized by the plant in the manufacturing of goods and services.

A test carried out for plants in which each portion of the plant is carefuly defined and pondered upon, in order to check the coordination between the different materials.

An estimation which depicts the amount of money it will take to manufacture a certain item within a certain department of the company.

n English law. A colony; an original settlement in a new country. See 1 Bl. Comm. 107. In American law . A farm; a large cultivated estate. Used chiefly in […]

A term commonly associated with credit cards, debit cards, NFC technology, etc.

A characteristic of any material to deform over and over again, without actually breaking apart due to the force applied.