term probable degree what is
Meaning of probable degree of confidence. What is it: extrapolation can be considered reliable. In.

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Definition probable degree of confidence

PROBABLE DEGREE OF CONFIDENCE title: probable degree of confidence (MM-IM) (SAP Library - Glossary)
PROBABLE DEGREE OF CONFIDENCE category: Inventory Management (MM-IM)
PROBABLE DEGREE OF CONFIDENCE explained:

The degree of probability with which the result of an extrapolation can be considered reliable.

In combination with the relative statistical error, the probable degree of confidence is a criterion for assessing the success of a sample-based physical inventory.

When a sample-based physical inventory is set up, a probable degree of confidence and a relative statistical error are specified. Provided that certain other criteria are also satisfied, a sample-based physical inventory is deemed successful if it can be claimed - with the probable degree of confidence specified - that the difference between the estimated value and the actual (unknown) value is less than the relative statistical error defined.

More terms such as probable degree of confidence in Dictionary P.

Manual Portal Component:
Help classes and other files that serve in producing the information and content of the portal. A portal component is distributed in portal archive format. It can be added to or deleted from the portal at probable degree of confidence definition.
Manual Priority (FS-CMS):
Help the receivables are serviced in a fictitious liquidation. The priority is used to determine at what share the receivables are serviced. The priority is only relevant if several receivable values have probable degree of confidence explain.
Manual Price Protection (IS-HT-DRM):
Help guaranteed price of stock. If a manufacturer/supplier reduces the price of materials already sold to a distributors/reseller, the stock in the distributor/reseller's inventory is eligible for probable degree of confidence what is.
Manual Partner-Dependent Location Data:
Help The number and description that a business partner uses to identify a location probable degree of confidence meaning.
Manual Posting Calendar:
Help distinguishes between valid and invalid posting days for all days of a fiscal year for accounting purposes. Working days (such as weekdays) are valid posting days, non-working days are not valid probable degree of confidence abbreviation.
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