order quantity


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order quantity

the quantity of an item to be ordered when STOCKS of the item fall to a predetermined minimum stock level. The reorder quantity should serve to replenish stock to the planned maximum stock level. The optimum order quantity may be ascertained by means of a STOCKHOLDING MODEL. See STOCK CONTROL.
References in periodicals archive ?
minimum order quantity 21,000 pieces (7,000 pieces per calendar year) estimated order quantity 21,000 pieces (7,000 pieces per calendar year).
The key terminology in the inventory management includes: stock level, demand in given period, costs of ordering, costs of warehousing, costs of stockout, lead time, order quantity and reorder point.
In a recent article in this journal Mehra and Amini[1] presented an inflation-adjusted economic order quantity (EOQ) model.
In the interim, Migami intends to fulfill its edible film strip product orders with InnoZen at its current manufacturing facility in Woodland Hills, California to accommodate the order quantity from Zen Universal, Inc.
Intermediate orders are unstable and magnified in start of increasing period, but stabilized as order quantity increasing continues.
Akorn expects to deliver the entire order quantity to the United States Government in the fourth quarter of 2006.
2] is difference between current inventory level in the final product warehouse and calculated inventory level according to the last evaluated daily order quantity multiplied by 7 days, or constraint of one hundred finished products.
The Materials and Inventory module offers tools to monitor and control the inventories of storerooms, providing economic order quantity and class calculations and assignments, while the Purchasing module ensures the correct parts are ordered, monitoring delivery times, vendor performance, payments and goods receipts.
With our low minimum order quantity and pricing, no set-up charge for normal-sized logos, and unconditional guarantee, Queensboro makes it easy for BJ's and other companies to maximize their logo exposure with a wide variety of high-quality apparel and accessories.
OTCBB:PFSD) announced today that it has received a commitment for a 40 percent increase in the monthly order quantity of EcoOne(TM) based spa products from one of the company's major OEM customers.
Concurrently, fixed costs associated with deliveries and shipments make it cost-effective to achieve an optimum order quantity, number and amount of deliveries and shipments per month.
Total order quantity 30 pieces, Of which 15 pieces order quantity, Of which 1 sample