EOQ

(redirected from Economic order quantity)
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AcronymDefinition
EOQEconomic Order(ing) Quantity
EOQEuropean Organization for Quality
EOQEconomic Order Quantity
EOQEnd of Question
EOQEnergy Ombudsman Queensland (dispute resolution service; Australia)
EOQEnd of Quarter
EOQEnd of Quote
EOQEquipment Operation Qualification
EOQEstimated Order Quantity (wholesale merchandise)
References in periodicals archive ?
Celebrating a century of the economic order quantity model in honor of Ford Whitman Harris.
(2005) Optimal inventory policies for an economic order quantity model with decreasing cost functions, European Journal of Operationa Research.
Economic Order Quantity in Fuzzy Sense for Inventory without Backorder Model.
1, and where it is possible get to economic order quantity and multi-year/block buys.
Ozdemir, "An economic order quantity model with defective items and shortages," International Journal of Production Economics, vol.
Zavanella, "An entropic economic order quantity (EnEOQ) for items with imperfect quality," Applied Mathematical Modelling, vol.
As Cecil Bozarth wrote in Economic Order Quantity Model, ordering costs should reflect only true variable costs incurred in placing the orders--not allocated ordering costs (for example, "last year, it cost our firm some $400,000 to place 10,000 orders; therefore the ordering costs are $40 per order or $400,000/10,000").
So the problem is seen more frequently in the factory, is lack of a scientific system based on production management techniques for the economic order quantity. With regard to the mentioned issues, this study is trying to provide a point of economic order to enhance economic efficiency in the Parto industrial manufacturing company.
Thus the economic order quantity of product i at time t becomes
He explains how companies have forgotten who their customers are and how to implement Lean business practices during an economic downturn, and challenges the Economic Order Quantity model by identifying eight deadly wastes (overproduction, overprocessing, waiting, motion, transportation, inventory, defects, and wasted human potential).
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