abigail139
abigail139 abigail139
  • 16-06-2021
  • Social Studies
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What is economic orderliness?

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Ry7777
Ry7777 Ry7777
  • 16-06-2021

Answer: Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs. ... 1 The formula assumes that demand, ordering, and holding costs all remain constant.

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