##  [Economic Production Quantity](/economic-production-quantity) 

  ##  [Economic Production Quantity](https://engineering.quantumdictionary.io/economic-production-quantity-0) 

  

 [![Engineering & Applied Technologies Dictionary](/sites/default/files/styles/large/public/2026-01/Engineering%20%26%20Applied%20Technologies.png.webp?itok=_IKO7_-n)](/topic-specific-dictionaries/engineering-applied-technologies)



**Engineering & Applied Technologies Dictionary**

 







 

 

 

 



 

 

 

 

Definition

An inventory lot‑sizing model for items that are produced and consumed simultaneously on a single production line which determines the production lot size that minimizes the sum of setup (or ordering) and holding costs under deterministic, constant demand and production rates, assuming no shortages and non‑instantaneous production start; the model accounts for finite production rate by adjusting t