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Jul 6, 2024 · A special order is any customer order that is not routinely handled by a business. Special costs are associated with these orders.
Jun 29, 2024 · Discover key strategies for making informed special order decisions, focusing on financial metrics, capacity impact, and pricing considerations.
Jul 3, 2024 · One plant orders the goods from another plant (they are called the receiving plant/issuing plant). We can use a special type of purchase order – the stock transport order. The delivery process can be done either in Inventory Management or in the shipping component of logistics execution.
Jul 3, 2024 · The term make-to-order (MTO) refers to a business production strategy that typically allows consumers to purchase products that are customized to their specifications. As such, make-to-order is...
Jul 9, 2024 · A blanket purchase order also known as a standing purchase order is a long-term contract between an organization and a supplier to supply products or services at a fixed price regularly for a certain amount of time.
Jun 29, 2024 · A limit order specifies the least acceptable price for the transaction to take place. A stop order triggers an actual order when the specified price has been traded.
Jul 3, 2024 · A production order defines which material is to be processed, at which location, and at what time and how much quantity is required. It also defines which components and sequence of operations are to be used and how the order costs are to be settled. Planned orders are results of running MRP.
