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Optimizing Economic Order Quantity EOQ (3211 words) |
 | EOQ is essentially an accounting formula that determines the point at which the combination of order costs and inventory carrying costs are the least. |
| EOQ should be one of the tools used to achieve this. |
| EOQ is used to determine which components fit into this JIT model and what level of JIT is economically advantageous for your operation. |
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ÖVQ - Staatlich anerkannte Zertifizierung von Personen - EOQ Code of Professional Conduct (436 words) |
| EOQ Quality Auditors/Assessors shall apply their professional skill and judgement to the best of their ability at all times, legally and with honesty and integrity, holding the valid interest of parties to whom they are contracted, whether employers, customers or clients, above personal considerations. |
| EOQ Quality Auditors/Assessors shall maintain strict confidentiality with regard to information acquired in the course of their professional work, unless disclosure either is with the consent of the employer/client from whom the information was acquired or is required by law. |
| EOQ Quality Auditors/Assessors shall behave at all times with the utmost financial probity, ensuring that, insofar as is possible, contracts and financial arrangement are unambiguous and protect the valid interests of the all parties concerned. |
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