EOQ Formula Flashcards
1
Q
Formula
A
square root of (2UO)/(hC)
2
Q
U
A
annual usage rate
3
Q
O
A
ordering cost
4
Q
h
A
holding cost as a % of unit cost
5
Q
C
A
cost per unit
Formula
square root of (2UO)/(hC)
U
annual usage rate
O
ordering cost
h
holding cost as a % of unit cost
C
cost per unit