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Economic Order Quantity (EOQ) Calculator
This calculator will compute the economic order quantity (EOQ) for a product or item, given the annual demand for the item, the annual carrying cost per unit of the item, and the fixed cost of placing and receiving an order.
- The economic order quantity is the reorder quantity for a product or item that minimizes both administrative and carrying costs. The EOQ is critical for inventory planning decisions.
Please enter the necessary parameter values, and then click 'Calculate'.