economic batch quantity (EBQ)
Definition:
An application of the generic ECONOMIC ORDER QUANTITY principle into the field of production scheduling. The same standard formula is applicable, and the same general limitations are operative.
Cross-References:
[economic order quantity (EOQ)]
Links:
Figures:
© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [Ken N. Bernard], [1998].