what is the meaning of minimum order value?
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Definition of 'minimum order' A minimum order is the smallest amount or number that may be ordered in one delivery, usually to spread delivery costs over an economical number of units.
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It means “in the order given” and should only be used if your sentence would be unclear without it. Example: Oxygen, nitrogen and hydrogen detector flows were set at 85, 7, and 4 mL/min, respectively.
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A limit order sets a specified price for an order and executes the trade at that price. A buy limit order will execute at the limit price or lower. ... A stop order includes a specific parameter for triggering the trade. Once a stock's price reaches the stop price it will be executed at the next available market price.
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Explanation: Minimum subscription is the term which is used in the business in order to represent the amount of the issue that has to be subscribed the shares which could not be issued, if its not being subscribed.
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The standard ordering ≤ of any real interval is not a well ordering, since, for example, the open interval (0, 1) ⊆ [0,1] does not contain a least element. From the ZFC axioms of set theory (including the axiom of choice) one can show that there is a well order of the reals.
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Minimum requirements are based on what the developer thinks will run the game in a playable state at the lowest settings values. Whereas recommended requirements are a similar set of requirements based on the default values.
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A take-profit order (T/P) is a type of limit order that specifies the exact price at which to close out an open position for a profit.
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If the numbers are arranged from the least to the greatest, then it is called ascending order. In this form, the numbers are in increasing order. The first number should be lesser than the second number. If the numbers are arranged from the greatest to the least, then it is called descending order.
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Your minimum payment is the greater of 3% of the total outstanding amount (rounded to the next dollar) or $10, plus all past due amounts and amounts over your credit limit. If the total outstanding amount is less than $10, then the Minimum Payment is equal to the total outstanding amount.
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The parameter MinPts is the minimum number of neighbors within “eps” radius. Any point x in the data set, with a neighbor count greater than or equal to MinPts, is marked as a core point.
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As the name suggests, it is the minimum amount you are required to pay on or before the payment due date to maintain your card account. It is only a small portion of the principal outstanding every month. Typically, the minimum amount due is calculated as 5% of your outstanding balance.
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The ORDER BY clause orders or sorts the result of a query according to the values in one or more specific columns. More than one columns can be ordered one within another. It depends on the user that, whether to order them in ascending or descending order. The default order is ascending.
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The EOQ (Economic Order Quantity) is the most optimized quantity that is sought after for the sole purpose of ordering raw materials from the supplier. As such during calculation using the formula for EOQ if the result comes out in decimals or fractions, it is better to take the rounded-up value.
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Repeatability Requirements/Calculations: Repeatability is satisfactory if 2 times the standard deviation (SD) divided by the desired smallest net weight (N) doesn't exceed 0.10%. The "desired smallest net weight" is the smallest weight the user plans to use on that balance (the user dictates this value).
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MINVALUE. Specifies the smallest value the sequence number can reach. The default is NOMINVALUE, which means the minimum value is 1. CYCLE. Specifies that when sequence numbers reach MAXVALUE they will begin again at MINVALUE.
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The minimum lease payments are the amount the lessee is expected to pay over the term of the lease. Since the value of money decreases each year due to inflation, accountants measure the present value of the minimum lease payments to determine how much the lease will cost in today's dollars.
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The EOQ formula is the square root of (2 x 1,000 pairs x $2 order cost) / ($5 holding cost) or 28.3 with rounding. The ideal order size to minimize costs and meet customer demand is slightly more than 28 pairs of jeans. A more complex portion of the EOQ formula provides the reorder point.