Economic Order Quantity Calculator

Calculate optimal order quantity to minimize inventory costs

Input Parameters
Enter your inventory parameters to calculate EOQ
EOQ Results
Optimal inventory management parameters
Economic Order Quantity
0.00 units
Reorder Point
0.00 units
Number of Orders per Year
0.00
Time Between Orders
0.00 days
Total Annual Cost
₹0.00

Cost Breakdown:

Ordering Cost:₹0.00
Holding Cost:₹0.00
Purchase Cost:₹NaN
Understanding EOQ

What is EOQ?

Economic Order Quantity (EOQ) is the optimal order quantity that minimizes total inventory costs, including ordering and holding costs.

When to Reorder?

The reorder point indicates when to place a new order based on lead time and daily demand to avoid stockouts.

Benefits

  • Minimizes total inventory costs
  • Reduces storage costs
  • Optimizes cash flow
  • Prevents stockouts

Assumptions

  • Constant demand rate
  • Fixed ordering cost
  • Constant holding cost
  • No quantity discounts