Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- Fixed Order Quantity
- What is the difference between EOQ and Poq?
Fixed Order Quantity - What is the difference between EOQ and Poq?
The EOQ model assumes that items produced are of perfect quality making the cost of production dependent on demand. The POQ on the other hand assumes that demand is a linearly increasing function of time and the production rate is proportional to the demand and said to be a dependent factor.