economic production quantity

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• Economic production quantity — model (also known as the EPQ model) is an extension of the Economic Order Quantity model. The EPQ model was developed by E.W. Taft in 1918. The difference being that the EPQ model assumes orders are received incrementally during the production… …   Wikipedia

• Economic order quantity — is that level of inventory that minimizes the total of inventory holding cost and ordering cost. The framework used to determine this order quantity is also known as Wilson EOQ Model. The model was developed by F. W. Harris in 1913. But still R.… …   Wikipedia

• Economic batch quantity — (EBQ), also called Optimal Batch Quantity or Economic Production Quantity [http://en.wikipedia.org/wiki/Economic production quantity] , is a measure used to determine the quantity of units that can be produced at minimum average costs in a given… …   Wikipedia

• 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

• Economic Order Quantity - EOQ — An inventory related equation that determines the optimum order quantity that a company should hold in its inventory given a set cost of production, demand rate and other variables. This is done to minimize variable inventory costs. The full… …   Investment dictionary

• economic production — the catching of a great a quantity of fish of as high a commercial value as possible …   Dictionary of ichthyology

• Production leveling — Production leveling, also known as production smoothing or – by its Japanese original term – heijunka (平準化?),[1] is a technique for reducing the muda waste and vital to the development of production efficiency in the Toyota Production System and… …   Wikipedia

• List of production topics — Production Contents 1 Overview 2 History 3 General concepts 3.1 Manufacturing and manufacturing systems …   Wikipedia

• Economic history of Chile — Colonial era to 1690In colonial times, the segmentation of Chile into latifundios left only small parcels for native American and mestizo villagers to cultivate. Cattle raised on the latifundios were a source of tallow and hides, which were sent …   Wikipedia

• Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries …   Wikipedia