Examlex
The ________ of a relationship is the number of entity types that participate in that relationship.
Economic Order Quantity
A formula used to determine the most cost-effective quantity of inventory to order, balancing the costs of ordering and holding stock.
Optimal Order Quantity
The most efficient amount of stock to order that minimizes total inventory costs, including ordering and holding costs.
Ordering Costs
Expenses associated with making an order for goods, including costs for processing, shipping, and receiving materials.
Lot Size
The number of units of a product that are manufactured or delivered in one batch, affecting inventory and production strategies.
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