Examlex
In the Scenario Manager dialog box, the changing values are the cells that change in the worksheet to show the effect of the scenario.
Effective Cost
Effective cost refers to the total cost of a financing option when all charges, fees, and interest payments are taken into account.
Annual Rate
The interest rate for a period of one year, often used to compare the yields of different investment and financing options.
ABC System
A system of controlling inventory that recognizes the differing cost and importance of various items. A parts are expensive and/or important and are controlled carefully. C parts are cheap and plentiful, so little effort is expended to monitor them. B parts are between As and Cs.
Inventory Management
The oversight of non-capitalized assets (inventory) and stock items, involving the control of ordering, storing, and using a company's inventory.
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