EOQ Calculator
Calculate the Economic Order Quantity (EOQ) that minimises total ordering and holding cost, plus the number of orders per year and days between orders.
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Disclaimer: This tool provides an indicative estimate for general planning only and is not professional, legal, financial, medical or engineering advice. Rates and reference values are editable defaults and may vary by location, vendor and date. Verify critical figures independently. Varada Nexus accepts no liability for decisions made using this tool.
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What is Economic Order Quantity?
EOQ is the order size that minimises the combined cost of ordering and holding inventory: √(2DS ÷ H).
How many times should I order per year?
Orders per year = annual demand ÷ EOQ. Days between orders = 365 ÷ orders per year.
What are the assumptions of EOQ?
Constant demand, fixed ordering cost and holding cost, and no stock-outs or quantity discounts.