providing accurate calculations for 13+ years!
Economic Order Quantity (EOQ) Calculator
This calculator will compute the economic order quantity (EOQ) for a product or item, given the annual demand for the item, the annual carrying cost per unit of the item, and the fixed cost of placing and receiving an order.- The economic order quantity is the reorder quantity for a product or item that minimizes both administrative and carrying costs. The EOQ is critical for inventory planning decisions.