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Economic Order Quantity (EOQ) is a crucial concept in retail supply chain management, aimed at optimizing inventory levels and minimizing costs. It is the ideal order quantity that minimizes the total cost, which includes ordering costs and holding costs. EOQ helps retailers determine the most efficient order size, balancing these two costs. Ordering ___ ___ ______ _________ _______ ____ ___ _________ ______ ___ ______.
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