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  2. Economic order quantity - Wikipedia

    en.wikipedia.org/wiki/Economic_order_quantity

    Economic order quantity. Economic order quantity ( EOQ ), also known as financial purchase quantity or economic buying quantity, [citation needed] 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.

  3. MOQ - Wikipedia

    en.wikipedia.org/wiki/MOQ

    MOQ. Look up MOQ, moq, or -moq in Wiktionary, the free dictionary. MOQ, Moq, Moq., moq, or MoQ may refer to: Pirsig's metaphysics of quality (MOQ) – a theory of reality. Alfred Moquin-Tandon – a botanist whose author abbreviation is Moq. Morondava Airport – a Madagascan airport with the IATA code MOQ. Mor language (Papuan) – a human ...

  4. Economic production quantity - Wikipedia

    en.wikipedia.org/wiki/Economic_production_quantity

    The economic production quantity model (also known as the EPQ model) determines the quantity a company or retailer should order to minimize the total inventory costs by balancing the inventory holding cost and average fixed ordering cost. The EPQ model was developed and published by E. W. Taft, a statistical engineer working at Winchester ...

  5. Argumentum a fortiori - Wikipedia

    en.wikipedia.org/wiki/Argumentum_a_fortiori

    Argumentum a fortiori (literally "argument from the stronger [reason]") (UK: / ˈ ɑː f ɔːr t i ˈ oʊ r i /, US: / ˈ eɪ f ɔːr ʃ i ˈ ɔːr aɪ /) is a form of argumentation that draws upon existing confidence in a proposition to argue in favor of a second proposition that is held to be implicit in, and even more certain than, the first.

  6. Inventory theory - Wikipedia

    en.wikipedia.org/wiki/Inventory_theory

    The inventory control problem is the problem faced by a firm that must decide how much to order in each time period to meet demand for its products. The problem can be modeled using mathematical techniques of optimal control, dynamic programming and network optimization. The study of such models is part of inventory theory.

  7. List of physical quantities - Wikipedia

    en.wikipedia.org/wiki/List_of_physical_quantities

    Measure of the extent and direction of an object rotates about a reference point. kg⋅m 2 /s. L2 M T−1. conserved, bivector. Angular velocity. ω. The angle incremented in a plane by a segment connecting an object and a reference point per unit time. rad/s. T−1.

  8. Sample maximum and minimum - Wikipedia

    en.wikipedia.org/wiki/Sample_maximum_and_minimum

    The minimum and the maximum value are the first and last order statistics (often denoted X (1) and X (n) respectively, for a sample size of n). If the sample has outliers, they necessarily include the sample maximum or sample minimum, or both, depending on whether they are extremely high or low. However, the sample maximum and minimum need not ...

  9. Carrying cost - Wikipedia

    en.wikipedia.org/wiki/Carrying_cost

    First of all, we need to go through the idea of economic order quantity (EOQ). EOQ is an attempt to balance inventory holding or carrying costs with the costs incurred from ordering or setting up machinery. The total cost will minimized when the ordering cost and the carrying cost equal to each other.

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