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Video of EOQ Economic Order Quantity Simply Explained with Examples CPAExam BAR Corporate Finance in Costs Accounting course by Farhat Lectures. The # 1 CPA & Accounting Courses channel, video No. 24 free certified online
In this video I explain economic order quantity and how to compute it. The economic order quantity (EOQ) refers to the ideal order quantity a company should purchase in order to minimize its inventory costs. 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.
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