๐ Microeconomics
Economic Order Quantity (EOQ)
EOQ balances ordering cost and holding cost. Order in this size to minimize total inventory expense.
$
$
Result will appear here
Formula
EOQ = โ(2ยทDยทS รท H)
๐ Microeconomics
EOQ balances ordering cost and holding cost. Order in this size to minimize total inventory expense.
Result will appear here
EOQ = โ(2ยทDยทS รท H)