Online Economic Order Quantity (EOQ) Calculator

Economic Order Quantity (EOQ) is the total units that a firm has to add to inventory with each order to reduce the total costs of inventory like holding costs, order costs, and shortage costs. This online Economic Order Quantity (EOQ) calculator will help you in calculating the EOQ based on cost/unit/year, fixed cost per day and units demand per year.

Result :

Example:

Calculate the Economic Order Quantity (EOQ) for cost per unit of Rs. 10000, fixed cost per order of Rs. 1000 and units demand per year of 100.

Solution:

Economic Order Quantity = ( (2 × 1000 × 100) / 10000 ) (1 / 2)
= 4.