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2. Economic order quantity - Wikipedia

   en.wikipedia.org/wiki/Economic_order_quantity

   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.

3. (Q,r) model - Wikipedia

   en.wikipedia.org/wiki/(Q,r)_model

   Constant fill rate for the part being produced: Economic production quantity. Demand is random: classical Newsvendor model. Demand is random, continuous replenishment: Base stock model. Demand varies deterministically over time: Dynamic lot size model. Several products produced on the same machine: Economic lot scheduling problem.

4. Microsoft Excel - Wikipedia

   en.wikipedia.org/wiki/Microsoft_Excel

   Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA). Excel forms part of the Microsoft 365 suite of software.

5. Safety stock - Wikipedia

   en.wikipedia.org/wiki/Safety_stock

   Safety stock is held when uncertainty exists in demand, supply, or manufacturing yield, and serves as an insurance against stockouts. Safety stock is an additional quantity of an item held in the inventory to reduce the risk that the item will be out of stock. It acts as a buffer stock in case sales are greater than planned and/or the supplier ...

6. Gross margin return on inventory investment - Wikipedia

   en.wikipedia.org/wiki/Gross_margin_return_on...

   Gross Margin Return on Inventory Investment (GMROII) is a ratio in microeconomics that describes a seller's return on every unit of currency spent on inventory.It is one way to determine how profitable the seller's inventory is, and describes the relationship between the profit earned from total sales, and the amount invested in the inventory sold.

7. Lotus 1-2-3 - Wikipedia

   en.wikipedia.org/wiki/Lotus_1-2-3

   Type. Spreadsheet. License. Proprietary. Lotus 1-2-3 is a discontinued spreadsheet program from Lotus Software (later part of IBM ). It was the first killer application of the IBM PC, was hugely popular in the 1980s, and significantly contributed to the success of IBM PC-compatibles in the business market.