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EOQ in Logistics Meaning

The EOQ meaning in Logistics terms is "Economic Orderequantity". There are 2 related meanings of the EOQ Logistics abbreviation.

EOQ on Logistics Full Forms

  1. Economic Orderequantity
  2. Economic Order Quantity Economic order quantity is that level of inventory to be ordered which minimizes the cost of holding and transporting inventory along with having the required stock all the time so that the production activity does not get hindered.

Frequently Asked Questions (FAQ)

  1. What does EOQ stand for Logistics?

    EOQ stands for Economic Order Quantity in Logistics terms.

  2. What is the shortened form of Economic Order Quantity in Logistics?

    The short form of "Economic Order Quantity" is EOQ for Logistics.

Citation

EOQ in Logistics. Acronym24.com. (2020, May 24). Retrieved May 19, 2024 from https://acronym24.com/eoq-meaning-in-logistics/

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