EOQ


Also found in: Dictionary, Acronyms, Encyclopedia, Wikipedia.

EOQ

See: Economic Order Quantity

Economic Order Quantity

The number of orders a brokerage receives and must fill that minimizes its obligation to keep inventory. The economic order quantity reduces the brokerage's costs to the least possible level.
Mentioned in ?
References in periodicals archive ?
Thus, according to the results of Table 5, applying "EOQ" model of the most favorable economic order of an optimal production and inventory control increase yields and reduce the cost of production and the research hypothesis is confirmed.
"Using EOQ model, the most favorable economic order to increase productivity (Case study: Parto Industrial Manufacturing Company)"
Chang, "An EOQ model with deteriorating items under inflation when supplier credits linked to order quantity," International Journal of Production Economics, vol.
Cost analysis for a supplier in an inflationary environment with stock dependent demand rate for perishable items
Assuming a known and stationary demand curve along with the remaining conditions of the EOQ model, Arcelus et al (1987, page 173) asserted: "given constant marginal costs of holding and purchasing the goods, the firm will want to maintain the same price throughout the year".
Continuously increasing price in a gradual usage inventory cycle: an optimal strategy for coordinating production with pricing for a supply chain
Certainly Boeing could add aircraft beyond the EOQ to its KC-46A production line and offer a cost-efficient option to a commercial contractor.
Fiscally sound options for a flawed tanker recapitalization strategy
ESW plays the same role for economic order quantity (EOQ) in inventory models (Higginson, Bookbinder 1994).
A multi-agent framework for load consolidation in logistics
Over the years, researchers have spent considerable time and effort in researching various aspects of EOQ policy and its applicability under varying conditions for deterministic demand and probabilistic demand, for fixed price of product to a price that varies with quantity ordered (volume discounts), inflation effect on prices, for perishable vs.
Analysis of economic order quantity under Ecommerce paradigm
What is the production set up costs based upon the EOQ model?
MacPherson Manufacturing Company: strategic operations planning.(Instructor's Note)
Calmuk said that he would inform European officials on "media ethics and quality" at the 54th EOQ Annual Congress.
(GEN) AA FIRST AND ONLY MEDIA ORGANIZATION IMPLEMENTING QMS
Right from one the most basic models of lotsizing, popularly known as the EOQ model developed by (Harris, 1913) to the models which are closer to real life applications, viz.
A new Lagrangian relaxation based approach to solve capacitated lot-sizing problem with backlogging
Whereas the principal tradeoff found with the application of the EOQ model was inventory holding versus ordering cost, the Inventory Theoretic was inventory holding (both as cycle, safety, and in-transit) versus transportation cost.
Adapting Baumol's inventory theoretic to landed cost decisions

Financial browser ?
Full browser ?