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holding costs costs associated with keeping inventory, including warehousing, spoilage, obsolescence, interest and taxes, also called inventory carrying costs home shopping ...
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.
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 economic utility ...
See also: Cycle, Consumer, Control, Customer, Sales
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