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economic order quantity
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economic order quantity

  business inventory:  the size of an order that minimizes the total inventory cost obtained by trade off analysis between the cost of placing an order, cost of holding stock, and the expected time for delivery after ordering
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economic order quantity economic order quantities
Strongly Associated with:   reorder point
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Associated words [difficulty]:   economic order quantity , odd lot [9]
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Most commonly used in these subjects:   Business, Engineering, Personal Finance
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