Economic Order Quantity (EOQ)
Find the order quantity that minimises ordering plus holding cost, with orders per year and reorder point, free online.
About this calculator
EOQ = โ(2ยทDยทS รท H), where D is annual demand, S the cost per order and H the holding cost per unit per year. Orders per year = D รท EOQ. Reorder point = daily demand ร lead time + safety stock. Total cost = ordering + holding cost at that quantity.