Mechanical Engineering - Industrial Engineering and Production Management - Discussion

Discussion Forum : Industrial Engineering and Production Management - Section 1 (Q.No. 7)

Industrial Engineering and Production Management

In inventory control theory, the economic order quantity is

average level of inventory

optimum lot size

capacity of a warehouse

lot size corresponding to break-even analysis

Answer: Option

Explanation:

No answer description is available. Let's discuss.

Discussion:

3 comments Page 1 of 1.

Santhakumar said: 4 years ago

Minimum cost.

Sai kumar said: 7 years ago

EOQ is minimum cost at optimum lot size.

Dinu said: 9 years ago

Economic order quantity is minimum cost at optimum order quantity.

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