What is Manufacturing Resource Planning? Manufacturing resource planning is a system that is used to effectively plan the use of a manufacturer’s resources. It enables manufacturers to develop a precise production schedule for the future that minimizes costs and maximizes the use of the resources available at their disposal. Sales forecasting helps a manufacturer estimate…
What is Market Breadth? Market breadth refers to a set of technical indicators that evaluate the price advancement and decline of a given stock index. Market breadth represents the total number of stocks that are increasing in prices as opposed to the number of stocks that are undergoing a decline in their prices. The stocks…
What is Market Cycle? Market cycle refers to economic trends observed during different types of business environments. It is also known as a stock market cycle, wherein a given security, or multiple securities belonging to the same class of assets, perform better than others. It can be because the prevailing market conditions may be suitable…
What is Market Depth? Market depth refers to the ability of the market to sustain a substantially larger order without making an impact on the security’s market price. Usually, while calculating market depth, trading within one particular security is considered. Within the trades, the total breadth and the level of open orders made are considered….
What is Marital Property? The legal term marital property refers to the property that is acquired by either or both parties during the course of a marriage. Property that is held by an individual part of a married couple is considered to be separate from marital property. Similarly, inheritance or any third party gifts made…
What is Market Basket? The term market basket refers to a bundle or group of products that can be indicators of the overall performance of a specific industry, sector, or market segment. Market baskets can be classified such that they enable traders and investors to track the performance of a given sector. The most common…
What is Python (in Machine Learning)? Python is a programming language that is preferred for programming due to its vast features, applicability, and simplicity. The Python programming language best fits machine learning due to its independent platform and its popularity in the programming community. Machine learning is a section of Artificial Intelligence (AI) that aims…
What is Programming? Programming is the process of writing instructions for a computer to perform. It is similar to a recipe for humans. A recipe contains a list of actions for humans to create a meal, and programs are actions for computers to follow. Programming is now a handy skill for many career paths, including…
What is a Value Chain? A value chain is all the activities and processes within a company that help add value to the final product. In today’s business landscape, companies across all industries are now more competitive than ever before. Advancements in technology have made it easier for companies to take advantage of economies of…
What is Hoarding? In terms of finance, hoarding is the practice of holding or piling up of assets, namely money, goods, or securities. Preparation for future events causes individuals or companies to save up such assets. However, hoarding occurs when the act of saving goes above and beyond what is needed for immediate profit, covering…
