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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 101 - Federal Property Management Regulations |
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SubChapter E - Supply and Procurement |
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Part 101-27 - Inventory Management |
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Subpart 101-27.1 - Stock Replenishment |
§ 101-27.102 - Economic order quantity principle.
Latest version.
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§ 101-27.102 Economic order quantity principle.
The economic order quantity (EOQ) principle is a means for achieving economical inventory management. Application of the EOQ principle reduces total variable costs of procurement and possession to a minimum.
[41 FR 3858, Jan. 27, 1976]