No products in the cart.

What is ordered economy?

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is ordered economy?
  • 1 answers

Varun Banda 7 years, 7 months ago

Economic order quantity (EOQ) is an equation for inventory that determines the ideal order quantity a company should purchase for its inventory given a set cost of production, demand rate and other variables. This is done to minimize variable inventory costs, and the formula takes into account storage, or holding, costs, ordering costs and shortage costs.

http://mycbseguide.com/examin8/

Related Questions

Mention two drawback of Indian party system
  • 0 answers
Gulf War 1st and 2nd
  • 0 answers
Chinese invasion of 1962
  • 0 answers
The end of bipolarity notes
  • 2 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App