37 Results for Tag: quantity

Yield Variance

Yield Variance What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing process, based on standard inputs of mat

Iceberg Order

Iceberg Order What is an 'Iceberg Order' An iceberg order is a large single order that has been divided into smaller lots, usually through the use of an automated program, for the purpose

Natural Monopoly

DefinitionA natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an i

Off-Floor Order

Off-Floor Order What is 'Off-Floor Order' An investor's directive to buy or sell securities when that directive is given to a broker, not to a trader working on the trading floor of an exc

Absolute Advantage

DefinitionIn economics, the principle of absolute advantage refers to the ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amo

Above The Market

Above The Market What is 'Above The Market' An order to buy or sell at a price set higher than the current market price of the security. Examples of above the market orders include: a limi

Real Bills Doctrine

DefinitionThe real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by practical bankers over centuries


DefinitionRationing is the controlled distribution of scarce resources, goods, or services, or an artificial restriction of demand. Rationing controls the size of the ration, which is one's

Sales Mix

Sales Mix What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells, relative to total sales. Sales mix is important, because some pr

Sales Mix Variance

Sales Mix Variance What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and the actual sales mix that the firm sells to customers.
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