Microeconomics
Economic Order Quantity (EOQ)
EOQ balances ordering cost and holding cost. Order in this size to minimize total inventory expense.
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Formula
EOQ = √(2·D·S ÷ H)
Microeconomics
EOQ balances ordering cost and holding cost. Order in this size to minimize total inventory expense.
Result will appear here
EOQ = √(2·D·S ÷ H)