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World English Dictionary
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economic order quantity
ec·o·nom·ic or·der quan·ti·ty
(
plural
ec·o·nom·ic or·der quan·ti·ties
)
noun
Definition:
ideal order size:
the size of an order for goods that minimizes the sum of shipping, handling, and carrying costs
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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