Accountancy, asked by divyabharathi1212200, 6 months ago

what is the aim of economic ordering quantity in cost accounting?

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Answered by crazygirl60

Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs. This production-scheduling model was developed in 1913 by Ford W. Harris and has been refined over time.

Answered by geetangurmeetkaur

Answer:

please explain cleasrly

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