Assignment Method

Dictionary Says

Definition of 'Assignment Method'


A method of allocating organizational resources. The assignment method is used to determine what resources are assigned to which department, machine or center of operation in the production process. This method is used to allocate the proper number of employees to a machine or task, and the number of jobs that a given machine or factory can produce.

Investopedia Says

Investopedia explains 'Assignment Method'


The assignment method is actually used for other purposes besides production allocations. It can be employed to assign the number of salespersons to a given territory or territories. It can also be used to match bidders to contracts and assign other relevant components of business to each other.

comments powered by Disqus
Hot Definitions
  1. Private Equity

    Equity capital that is not quoted on a public exchange. Private equity consists of investors and funds that make investments directly into private companies or conduct buyouts of public companies that result in a delisting of public equity.
  2. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  3. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  4. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  5. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  6. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
Trading Center