Economic order quantity is that quantity at which cost of holding and carrying inventory is:
Economic order quantity is that quantity at which cost of holding and carrying inventory is:
اکنامک آرڈر کی مقدار وہ مقدار ہے جس پر انوینٹری رکھنے اور لے جانے کی قیمت ہے:
Explanation
Economic order quantity is that quantity at which cost of holding and carrying inventory is minimum and equal. Economic order quantity is the ideal order quantity
a company should purchase for its inventory given a set cost of production, a certain demand rate, and other variables. This is done to minimize inventory holding costs and order-related costs.