# Economic batch quantity

Economic batch quantity

Economic Batch Quantity (EBQ), also called Optimal Batch Quantity or Economic Production Quantity [http://en.wikipedia.org/wiki/Economic_production_quantity] , is a measure used to determine the quantity of units that can be produced at minimum average costs in a given batch or production run.

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• economic batch quantity — A refinement of the economic order quantity to take into account circumstances in which the goods are produced in batches. The formula is: Q = [2cdr/h(r – d)]½, where Q is the quantity to be purchased or manufactured, c is the cost of processing… …   Accounting dictionary

• economic batch quantity — A refinement of the economic order quantity to take into account circumstances in which the goods are produced in batches. The formula is: Q = [2cdr h(r d)]½, where Q is the quantity to be purchased or manufactured, c is the cost of processing an …   Big dictionary of business and management

• economic order quantity — EOQ A decision model, based on differential calculus, that determines the optimum order size for purchasing (sometimes called the economic purchase quantity) or manufacturing (economic manufacturing quantity) an item of stock. The optimum order… …   Accounting dictionary

• economic order quantity — EOQ A decision model, based on differential calculus, that determines the optimum order size for purchasing (sometimes called the economic purchase quantity) or manufacturing (economic manufacturing quantity) an item of stock. The optimum order… …   Big dictionary of business and management

• List of production topics — Production Contents 1 Overview 2 History 3 General concepts 3.1 Manufacturing and manufacturing systems …   Wikipedia

• EBQ — may refer to: * Economic batch quantity * EBq (exabecquerel), a multiple of Becquerel, a unit of radioactivity …   Wikipedia