Glossaria.net

Glossary Supply Chain / Term

lot size

The quantity of a planned or actual order for purchased or production items, calculated as a result of lot size rules that consider the reason for the order (to order or to stock) and the costs created by the tradeoff in creating and setting up orders vs. carrying inventory for a period of time.

Permanent link lot size - Creation date 2021-11-03


< lot ID Glossary / Supply Chain lot size rule >