Episodes
Wednesday Feb 15, 2023
What Is Economic Order Quantity (EOQ) and the EOQ Formula?
Wednesday Feb 15, 2023
Wednesday Feb 15, 2023
Economic order quantity is a supply chain management technique used to determine the optimal lot size per order. This is done in order to avoid stockouts and overstocking, thereby balancing inventory costs and opportunity costs.
You can learn more about it from this episode or read the article here with examples.
More information about MRPeasy software at our website mrpeasy.com
Version: 20240731
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