Definition of Conomic order quantity
Conomic order quantity:
"EOQ is calculated to balance expected cost of acquisition for stock against the expected costs to hold the stock. "
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Terms related to Conomic order quantity:
Blanket order
Customer order
Engineering change order
Firm planned order
Make or buy analysis
Manufacturing order
Open order
Period order quantity
planned order
planned order receipt
planned order release
Planned orders
production order
purchase order
purchase to order (PTO)
Shop order
Standing orders
work order