×

economic order quantity meaning

  "economic order quantity" in a sentence
  • [Business]
    noun [C,U] (abbr EOQ)

    (Accounting )

    the best amount of sth to order that is enough for what you need and keeps all the costs involved, such as the cost of storing items, as low as possible:

    We calculate the economic order quantity for each stock item.

Examples

    More:   Prev    Next
  1. economic order quantity
  2. economic order quantity
  3. research on the economic order quantity based on the condition of supply chain management
  4. First of all, we need to go through the idea of economic order quantity ( EOQ ).
  5. For most parts during the 20th century, the economic order quantity was the gold standard for lot sizing.

Related Words

  1. economic moat meaning
  2. economic mobilisation meaning
  3. economic mobilization meaning
  4. economic model meaning
  5. economic models meaning
  6. economic order quantity (eoq) meaning
  7. economic policies meaning
  8. economic policy meaning
  9. economic potential meaning
  10. economic potential for war meaning
PC Version