EOQ Calculator

You can calculate optimal order size or manufacture batch with this EOQ calculator. Formula uses so called Wilson’s formula:

EOQ function

where

• Q = Economical/Optimal order quantity
• P = Ordering costs (setting costs)
• D = Demand in year
• H = Holding costs
• Holding costs can be:
  • CV (C = Interest, V = Products unit price)
  • CV + I (I = storage cost per unit)

With this calculator you can decide if you want to calculate only capital, only storage or both costs.