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Quantity Survey Method |
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Quantity Survey MethodAlso called "price take-off" method. A process of arriving at an estimate of new construction costs by a detailed estimate of quantities of necessary building materials plus labor costs.Quantity Survey Method Similar MatchesQuantity definitionQuantity definitionA method of defining relative factor abundance based on ratios of factor quantities: Compared to country B, country A is abundant in factor X relative to factor Y iff XA/YA > XB/YB, where IJ is the quantity of factor I with which country J is endowed, I=X,Y, J=A,B. Quantity quotaQuantity quotaA quota specifying quantity, in units, weight, volume, etc. of a good. Quantity riskQuantity riskOccurs when the quantity of an asset to be hedged is uncertain. Economic order quantity (EOQ)Economic order quantity (EOQ)The order quantity that minimizes total inventory costs. |
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