ECONOMIC ORDER QUANTITY Definition

Bookmark and Share

ECONOMIC ORDER QUANTITY is the order quantity that minimizes total inventory costs. A total inventory cost is the sum of ordering, carrying and stock-out costs.

Learn new Accounting Terms

CRAR see CAPITAL TO RISK ASSET RATIO.

OPERATING TRANSFER specifically identifies the transfer of resources from one fund/account to another made to support the normal level of operations of the receiving fund/account.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.