Paritian

Engineering

Economic Order Quantity Calculator

The order size that balances ordering costs against holding costs, with the order frequency.

Results

Economic order quantity 774.6
Orders per year 15.49
Total cost 2633.63
Days 23.6 d

What this tool does

Ordering often means paying the setup cost many times; ordering rarely means paying to store a big pile. The EOQ is the point where those two costs cross, and the curve around it is flat — being 20 % off the ideal quantity costs almost nothing.

Formula

EOQ = √(2 × D × S ÷ H)

Variables

SymbolMeaningUnit
dAnnual demand
sCost per order
hHolding cost per unit per year
QEconomic order quantity
NOrders per year
CTotal cost
TDaysd

Worked example

  • Annual demand12,000
  • Cost per order85
  • Holding cost per unit per year3.4
  • Economic order quantity774.6
  • Orders per year15.49
  • Total cost2633.63
  • Days23.6 d

Limitations

  • The result is an estimate based only on the values you type. Real situations often include factors this calculator does not know about.
  • This is an informational calculator, not personalised financial advice. Rates, fees, taxes and contract conditions vary between institutions and countries.
  • The tool works with whatever currency you use for the inputs; it does not convert between currencies.