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Economic Order Quantity (EOQ)

EOQ minimizes total ordering plus holding cost assuming steady demand and fixed order cost.

Reading time
5 min read
Difficulty
Intermediate
Last updated
Last updated:

Formula

EOQ = √(2DS/H) where D is annual demand, S order cost, H holding cost per unit.

Key takeaways

  • Higher demand raises EOQ
  • Higher holding cost lowers EOQ

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FAQ

Does EOQ work for all SKUs?
Best for stable-demand items; volatile demand needs safety stock and reorder point models.