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:
- Maximum and equal
- Minimum and equal
- It can be maximum or minimum depending upon case to case
- Minimum and unequal
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.
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