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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. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    GP – Gross Profit. GPO – Group purchasing organization. GRN – Goods Receipt Note. GRNI – Goods Receipt Not Invoiced. GSV – Gross Sales Value. GVC – Global value chain. GMROII – Gross Margin Return on Inventory Investment. G&A – General and Administration expense. expenditures related to the day-to-day operations of a business.

  4. Order statistic - Wikipedia

    en.wikipedia.org/wiki/Order_statistic

    The first order statistic (or smallest order statistic) is always the minimum of the sample, that is, where, following a common convention, we use upper-case letters to refer to random variables, and lower-case letters (as above) to refer to their actual observed values.

  5. Dynamic lot-size model - Wikipedia

    en.wikipedia.org/wiki/Dynamic_lot-size_model

    Dynamic lot-size model. The dynamic lot-size model in inventory theory, is a generalization of the economic order quantity model that takes into account that demand for the product varies over time. The model was introduced by Harvey M. Wagner and Thomson M. Whitin in 1958. [1] [2]

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  7. 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 ...

  8. Least publishable unit - Wikipedia

    en.wikipedia.org/wiki/Least_publishable_unit

    In academic publishing, the least publishable unit ( LPU ), also smallest publishable unit ( SPU ), minimum publishable unit (MPU), loot, or publon, is the minimum amount of information that can be used to generate a publication in a peer-reviewed venue, such as a journal or a conference. ( Maximum publishable unit and optimum publishable unit ...

  9. Bill of quantities - Wikipedia

    en.wikipedia.org/wiki/Bill_of_quantities

    Bill of quantities. A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is ...

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