Accounting


A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

  Dictionary  »  Letter O  »  ordering cost

ordering cost

In the economic order quantity model, this is the incremental cost of preparing a requisition and purchase order, receiving and stocking the goods, processing the invoice and remitting payment.


» For more clarity on this term: 

  ← Go Back

Learn about our 2010 Master Accounting Download Package

Now you can highlight, make notes, and study away from your computer.

Complete PDF Package

Click Here to Learn More