单词 | economic order quantity (EOQ) |
释义 | economic order quantity (EOQ)Definition Size of an order at which the total of procurement cost and inventory carrying cost is at minimum. Use 'economic order quantity (EOQ)' in a SentenceYou should try and find out how the economic order quantity will affect you and do your best to adapt to it. Our computer system automatically figures out our companies economic order quantity by keeping track of what part numbers are ordered frequently and what numbers are not ordered often, then our inventory control person sets up an minimum and maximum quantity and system produces a list of only what we need. At the company that I work for they have promoted me to being in charge of the economic order quantity and they expect me to save the company tons of money. |
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