BOM Definition

Bookmark and Share

BOM see BILL OF MATERIALS.

Learn new Accounting Terms

ECONOMIC ORDER QUANTITY is the order quantity that minimizes total inventory costs. A total inventory cost is the sum of ordering, carrying and stock-out costs.

OPERATING RATIO measures a firms operating efficiency; calculated: company operating expenses divided by its operating revenues.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.