Full Form of EOQ
| Full Form: | Economic Order Quantity |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is EOQ Full Form?
EOQ is full form Economic Order Quantity
What is Economic Order Quantity?
Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity that minimizes the total holding costs and ordering costs in inventory management. It is one of the oldest classical production scheduling models.