Quantity Purchased

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• quantity discount — noun (commerce) A reduction in the unit price of goods when large quantities are purchased • • • Main Entry: ↑quantity …   Useful english dictionary

• Quantity Demanded — A term used in economics to describe the total amount of goods or services that are demanded at any given point in time. The quantity demanded depends on the price of a good or service in the marketplace, regardless of whether that market is in… …   Investment dictionary

• Quantity Discount — An incentive offered to a buyer that results in a decreased cost per unit of goods or materials when purchased in greater numbers. A quantity discount is often offered by sellers to entice buyers to purchase in larger quantities. The seller is… …   Investment dictionary

• economic order quantity — EOQ A decision model, based on differential calculus, that determines the optimum order size for purchasing (sometimes called the economic purchase quantity) or manufacturing (economic manufacturing quantity) an item of stock. The optimum order… …   Accounting dictionary

• economic order quantity — EOQ A decision model, based on differential calculus, that determines the optimum order size for purchasing (sometimes called the economic purchase quantity) or manufacturing (economic manufacturing quantity) an item of stock. The optimum order… …   Big dictionary of business and management

• economic batch quantity — A refinement of the economic order quantity to take into account circumstances in which the goods are produced in batches. The formula is: Q = [2cdr/h(r – d)]½, where Q is the quantity to be purchased or manufactured, c is the cost of processing… …   Accounting dictionary

• economic batch quantity — A refinement of the economic order quantity to take into account circumstances in which the goods are produced in batches. The formula is: Q = [2cdr h(r d)]½, where Q is the quantity to be purchased or manufactured, c is the cost of processing an …   Big dictionary of business and management

• cumulative quantity discount — /ˌkju:mjυlətɪv ˌkwɒntəti dɪskaυnt/ noun a discount based on a quantity bought or the value of purchases over a period of time ● We have purchased only from these suppliers over the last few months in order to enjoy a cumulative quantity discount …   Marketing dictionary in english

• economic order quantity — /ˌi:kənɒmɪk ɔ:də ˌkwɒntɪti/ noun the quantity of stocks which a company should hold, calculated on the basis of the costs of warehousing, of lower unit costs because of higher quantities purchased, the rate at which stocks are used and the time… …   Marketing dictionary in english

• Economic surplus — This article is about consumers and producers surplus. For information about other surpluses, see deficit. Graph illustrating consumer (red) and producer (blue) surpluses on a supply and demand chart In mainstream economics, economic surplus… …   Wikipedia

• Price Variance — The materials price variance (Vmp) is computed as follows::Vmp = (Actual Unit Cost Standard Unit Cost) * Actual Quantity Purchasedor:Vmp = (Actual Quantity Purchased * Actual Unit Cost) (Actual Quantity Purchased * Standard Unit Cost).When the… …   Wikipedia