https://orwiki.org/index.php?action=history&feed=atom&title=t%3AEOQ 2026-05-07T00:05:26Z Revision history for this page on the wiki MediaWiki 1.28.0 https://orwiki.org/index.php?title=t:EOQ&diff=20406&oldid=prev 2020-08-22T00:35:53Z

<p>1 revision imported</p> <table class="diff diff-contentalign-left" data-mw="interface"> <tr style='vertical-align: top;' lang='en'> <td colspan='1' style="background-color: white; color:black; text-align: center;">← Older revision</td> <td colspan='1' style="background-color: white; color:black; text-align: center;">Revision as of 00:35, 22 August 2020</td> </tr><tr><td colspan='2' style='text-align: center;' class='diff-multi' lang='en'>(One intermediate revision by the same user not shown)</td></tr><tr><td colspan='2' style='text-align: center;' lang='en'><div class="mw-diff-empty">(No difference)</div> </td></tr></table>

Orwiki https://orwiki.org/index.php?title=t:EOQ&diff=19001&oldid=prev 2017-10-05T02:22:52Z

<p>1 revision imported</p> <p><b>New page</b></p><div>{{this}} or Economic Order Quantity Optimization is a [[:Category:Term|Term]] describing the calculation of the optimal ordering quantity for replenishment orders and the [[:Category:Practice|Practice]] to optimize ordering quantities. The {{this}} model balances inventory costs with ordering costs.<br /> ===Use Cases===<br /> * Determining reordering quantities for production materials<br /> * In [[Retail]]: Determining optimal ordering quantities<br /> ===Calculation===<br /> {{math|{{this}}|{{sqrt|{{frac|2 &amp;#215; D &amp;#215; C{{sub|o}}|C{{sub|h}}}}|3}}}}<br /> where<br /> * D = Annual demand (in UoM)<br /> * C{{sub|o}} = Ordering costs per order (in Currency)<br /> * C{{sub|h}} = Annual inventory holding cost (in Currency)<br /> Alternative names for {{this}} include: Optimal Order Quantity.<br /> ===Notes===<br /> Benefits of {{this}}<br /> * The model limits the impact of errors in cost and demand estimates.<br /> Criticisms of {{this}}<br /> * The model assumes demand during the year is constant, supplier lead-time is constant and products ordered are delivered in full.<br /> * The model assumes the cost of ordering is a flat fee. Most use cases show substantially higher cost per order for small quantities.<br /> * The model assumes the cost of ordering (C{{sub|o}}) is a substantial cost element. With modern ordering methods these cost are no longer substantial; making the {{this}} calculation less relevant. Consider replacing Ordering costs per order with order volume discount. <br /> <br /> Use with care: {{OR}} recognizes this as an outdated [[Practice]].<br /> {{object<br /> |name=Economic Order Quantity<br /> |level=<br /> |sort=<br /> |keywords=<br /> |description=<br /> }}<br /> [[Category:Term]][[Category:Practice]][[Category:Supply Chain]]</div>

Orwiki https://orwiki.org/index.php?title=t:EOQ&diff=20405&oldid=prev 2017-08-13T16:47:21Z

<p></p> <table class="diff diff-contentalign-left" data-mw="interface"> <tr style='vertical-align: top;' lang='en'> <td colspan='1' style="background-color: white; color:black; text-align: center;">← Older revision</td> <td colspan='1' style="background-color: white; color:black; text-align: center;">Revision as of 16:47, 13 August 2017</td> </tr><tr><td colspan='2' style='text-align: center;' lang='en'><div class="mw-diff-empty">(No difference)</div> </td></tr></table>

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