Economic Order Quantity (EOQ) The quantity per order (in units) that minimizes the total costs of processing orders and holding inventory.
ECR See Efficient Consumer Response.
EDI See Electronic Data Interchange.
economic order quantity
the optimum quantity of each product that must be ordered to balance the inventory holding costs against the order processing costs, holding costs increase with more inventory, while order processing costs decrease ...
 See also: Consumer, Customer, Store, Market, Firm
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