word
economic order quantity
ee-koh-NOM-ik OR-der KWON-tih-tee
ˌiːkəˈnɒmɪk ˈɔːrdər ˈkwɒntɪtiListen
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Syllable breakdown
economicorderquantity
Dictionary meaning
formula for calculating the optimal order quantity that minimizes total inventory holding and ordering costs
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