- The attribute of being so much, and not more or less; the
property of being measurable, or capable of increase and decrease,
multiplication and division; greatness; and more concretely, that which
answers the question "How much?"; measure in regard to bulk or amount;
determinate or comparative dimensions; measure; amount; bulk; extent;
size. - The extent or extension of a general conception, that is,
the number of species or individuals to which it may be applied; also,
its content or comprehension, that is, the number of its constituent
qualities, attributes, or relations. - The measure of a syllable; that which determines the time
in which it is pronounced; as, the long or short quantity of a vowel or
syllable. - The relative duration of a tone. - That which can be increased, diminished, or measured;
especially (Math.), anything to which mathematical processes are
applicable. - A determinate or estimated amount; a sum or bulk; a
certain portion or part; sometimes, a considerable amount; a large
portion, bulk, or sum; as, a medicine taken in quantities, that is, in
large quantities.
2 . Quantity
[ v. t.]
- To modify or qualify with respect to quantity; to fix
or express the quantity of; to rate.
Equilibrium Quantity If there's no shortage or surplus of a commodity, it is said to be in Equilibrium Quantity. It's also the quantity wherein supply and demand curves intersect...
Breakeven quantity Breakeven quantity is the point (the number of product units) at which the total revenue for all units sold is equal to the total cost of all units
Economic order quantity (EOQ) Economic order quantity (EOQ) compares the cost of buying an item in various quantities with the cost of carrying those its in stock, and identifies the point at which the cost of the item and the cost to store it are equal.
Quantity theory of money Quantity theory of money is the theory that nominal income is determined solely by movements in the quantity of money.
Labor quantity variance Labor quantity variance is the difference between the actual hours times the standard rate and standard hours times the standard rate for labor.
Materials quantity variance Materials quantity variance is the difference between the actual quantity times the standard price and the standard quantity times the standard price for materials.
Direct labor quantity standard The direct labor quantity standard is the time that should be required to make one unit of the product. This standard is especially critical in labor-intensive companies.
Direct material quantity standard The direct material quantity standard is the quantity of direct materials that should be used per unit of finished goods. This standard is expressed as a physical measure...