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Economic order quantity. Economic order quantity ( EOQ ), also known as financial purchase quantity or economic buying quantity, [citation needed] 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.
Gojek's first logo, used until 21 July 2019. Gojek motorcycle riders in Salatiga, Central Java, Indonesia. The name Gojek comes from the term “Ojek” or motorbike taxis [ 16] commonly found throughout Indonesia. It was founded in 2010 with 20 motorbike drivers. [ 17] Gojek app was launched in January 2015, [ 18] and in less than two years ...
MOQ. Look up MOQ, moq, or -moq in Wiktionary, the free dictionary. MOQ, Moq, Moq., moq, or MoQ may refer to: Pirsig's metaphysics of quality (MOQ) – a theory of reality. Alfred Moquin-Tandon – a botanist whose author abbreviation is Moq. Morondava Airport – a Madagascan airport with the IATA code MOQ. Mor language (Papuan) – a human ...
e. Law of Indonesia is based on a civil law system, intermixed with local customary law and Dutch law. Before the Dutch presence and colonization began in the sixteenth century, indigenous kingdoms ruled the archipelago independently with their own custom laws, known as adat (unwritten, traditional rules still observed in the Indonesian society ...
The Dewan Rakyat ( Jawi: ديوان رعية ; English: 'House of Representatives'; lit. 'People's Assembly ') is the lower house of the bicameral Parliament, the federal legislature of Malaysia. The chamber and its powers are established by Article 44 of the Constitution of Malaysia. The Dewan Rakyat sits in the Houses of Parliament in ...
The Ministry of State Secretariat ( Indonesian: Kementerian Sekretariat Negara) is a government ministry responsible for providing technical, administrative, and analytical support to the President and Vice President in the exercise of their state powers. The current minister of the state secretariat is Pratikno, who previously served as Rector ...
The economic production quantity model (also known as the EPQ model) determines the quantity a company or retailer should order to minimize the total inventory costs by balancing the inventory holding cost and average fixed ordering cost. The EPQ model was developed and published by E. W. Taft, a statistical engineer working at Winchester ...
Reorder point. The reorder point ( ROP ), also reorder level (ROL) or "optimal re-order level", [ 1] is the level of inventory which triggers an action to replenish that particular inventory. It is a minimum amount of an item which a firm holds in stock, such that, when stock falls to this amount, the item must be reordered.