Home » Supply Chain and Operations Management Glossary (E)

Supply Chain and Operations Management Glossary (E)

e: The mathematical constant 2.71828182846 useful in computing continuous compounding of interest. e = limit as n goes to infinity of (1 + 1/n)n. For example, if continuous compounding is used at interest rate r per year, then after n years, one dollar will have grown to ern. eaches: In warehouse picking, a single unit to be picked, as opposed to a case. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): A measure of the profit due to operations, excluding cost items related to how financing, tax deferral, and other non-operations activities are performed. Echelon inventory: assuming product is measured in same units…

Read More »