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What (who) is economic order quantity replenishment - definition
ECONOMIC MODEL FOR INVENTORY MANAGEMENT
EOQ Model; EOQ formula; Economic Order Quantity; Economical order quantity; Wilson EOQ Model; Wilson Model; Wilson Formula; Economic Order Quantity Model; EOQ equation; Economic ordering quantity
Economic order quantity
Economic Order Quantity (EOQ), also known as Economic Purchase Quantity (EPQ), 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.
quantity surveyor
PROFESSION IN THE BUILDING TRADE
Quantity Surveying; Quantity surveying; Quantity measurement
¦ noun Brit. a person who calculates the amount and cost of materials needed for building work.
Quantity surveyor
PROFESSION IN THE BUILDING TRADE
Quantity Surveying; Quantity surveying; Quantity measurement
A quantity surveyor (QS) is a construction industry professional with expert knowledge on construction costs and contracts. Qualified professional quantity surveyors are known as Chartered Surveyors (Members and Fellows of RICS) in the UK and Certified Quantity Surveyors (a designation of AIQS) in Australia and other countries.
Wikipedia
Economic order quantity
Economic Order Quantity (EOQ), also known as Economic Buying Quantity (EPQ), 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. The model was developed by Ford W. Harris in 1913, but R. H. Wilson, a consultant who applied it extensively, and K. Andler are given credit for their in-depth analysis.
