Businesses can use the EOQ to figure out the ideal number of units they should order in order to keep costs low. Many, or all, of the products featured on this page are from our advertising partners ...

The optimal order quantity, also called the economic order quantity, is the most cost-effective amount of a product to purchase at a given time. It's an important calculation, because holding too much ...

The Economic Order Quantity (EOQ) is the number of units that a company should add to inventory with each order to minimize the total costs of inventory—such as holding costs, order costs, and ...