Economic Order Quantity in Business Formulas

Economic order quantity is an equation for the inventory that determines the ideal order quantity a company should purchase for its inventory given a set cost of production, demand rate, and other variables. And is denoted by EOQ.

Formulas to find Economic Order Quantity in Business

fxEconomic Order QuantityGo

List of variables in Business formulas

fx Fixed cost per order Go

fx Demand in Units Per Year Go

fx Carrying cost per unit per year Go

FAQ

What is the Economic Order Quantity?

Can the Economic Order Quantity be negative?

{YesorNo}, the Economic Order Quantity, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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