The National Motor Freight Classification is a comprehensive, invaluable resource for transportation and packaging professionals. To order the National Motor Freight Classification, please click here. The NMFC is also available in an online version as ClassITÂ®.
Definition of watt. : the absolute meter-kilogram-second unit of power equal to the work done at the rate of one joule per second or to the power produced by a current of one ampere across a potential difference of one volt : 1â746 horsepower.
Weighted Average Payment Terms or WAT is a metric that that show the average terms offered over a set period of time.Unlike the Days Sales Outstanding (DSO) calculation, the WAT is not in any way influenced by the Revenue / Sales numbers of a company. retailer like Amazon.com that is paid at the point of sale would have a zero weighted average terms metric, she explains. But, a manufacturer with long lead times or a company with a customer who is very dominant in an industry and enjoys extended terms could have average weighted terms of 60 days or more.