EOQ meaning in Accounts and Finance ?

Answer: What is Economic Order Quantity mean?

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. 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.

reference

Full Form	Category
Economics Opportunity and Quality	Academic & Science
Economic Order Quantity	Accounts and Finance
Economical Order Quantity	Business
European Organization for Quality	Business
End Of Query	Computing
End Of Question	Computing
Estimated Order Quantity	General
End of Quarter	General
Error Orientation Questionnaire	General
Economical Ordering Quantity	General
Economic Output Quantity	Governmental
Economic Operating Quantity	Governmental
Energy Ombudsman Queensland	Governmental
Economic Order Quantitiy	Governmental
Economic Order QuantityB	Governmental
Economic Order Quality	Governmental
European Organisation for Quality	Regional