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Visualization Produces Graphical Displays of Patterns and Complex Relationships in Large

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Visualization produces graphical displays of patterns and complex relationships in large amounts of data.


Definitions:

Periodic Inventory System

A system in which inventory levels are updated in the accounting records on a periodic basis, typically at the end of an accounting period.

Physical Inventory

A detailed listing of merchandise on hand.

Perpetual Inventory System

A method that continuously updates inventory records to reflect sales, returns, and additions in real time.

Perpetual Inventory System

An inventory management system where stock levels are updated in real-time following each purchase or sale.

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