Economic Order is an official business term that refers to the manner in which goods and services are scheduled, produced, and purchased relative to their availability and cost. This process of calculated decisions serves to maximize a company’s profit potential while minimizing its total costs. In order to keep operations running smoothly, companies and organizations have to carefully consider supply and demand trends as well as the changing costs of raw materials when making their economic orders. Every business’s orders must be tailored to suit their specific needs which involve careful tracking of consumer spending habits and accurately predicting future market shifts. That way, businesses can ensure that they never miss out on a valuable opportunity while also ensuring the lowest possible cost of production.