For products with no planned EOS date (shown as N/A), customers should expect that either a newer release will be available or the EOM and EOL dates will be extended.
After the EOS date, products are considered legacy and after the EOL date, product versions are considered legacy.
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technique for planning dollar inventory investment that allows for a base stock level plus a variable amount of inventory that will increase or decrease at the beginning of each sales period in the same dollar amount as the period’s expected sales; method works best when a retailer has a low inventory turnover rate or sales are erratic; can be calculated as follows: (1) Average monthly sales for the season = Total planned sales for season/Number of months in season (2) Average stock for season = Total planned sales for season/Estimated inventory turnover rate for season (3) Basic Stock = Average stock for the season - Average monthly sales for the season (4) Beginning-of-Month (BOM) Stock at retail= Planned monthly sales Basic stockwhen the vendor retains the ownership of the goods & usually establishes the selling price; it is payed only when the goods are sold by the retailer.
The fact that lack of cash is one of the main reasons businesses fail makes these terms commonplace.
The original articles are from the online Encyclopaedia of Mathematics, published by Kluwer Academic Publishers in 2002.
The earlier the store makes payment on the goods, the greater the discount.
These discounts are noted as "X1/Y1/X2/Y2/X3/Y3/..." where: End-of-Month Dating End-of-Month dating indicates that a percentage deduction from the invoice cost before shipping is available beginning the last day of the month for which the invoice is dated.
This is essential when vendors have accounts receivable turnover cycles which exist longer than preferred.
A business that offers a 2/10 net 30 discount is expressing that it is more important to have cash as quickly as possible than it is to have the full amount of their payable.
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2/10 net 30 means a discount for payment within 10 days.