Economic Order Quantity

Economic Order Quantity

Postby tcollins » Tue Oct 28, 2008 5:53 pm

Is anyone using the economic order quantity? If so can you give me an example of how you have it set up and what parts your controlling.
tcollins
 

Economic Order Quantity

Postby adikahuna » Wed Oct 29, 2008 11:11 am

EOQ is an old school of thought in inventory management. basically this was the latest in inventory tools till stock order criteria replaced it. there are a few dealer still kicking around that use it.

Here is a link to some old Arkona documentation describing it.
http://www.arkona.com/support/onlinedoc ... 0Point.htm

I hope this helps.

------------------
Adam Judson
Owner/Auto Dealer Improvements
www.myobsoleteparts.com

[This message has been edited by adikahuna (edited 10-29-2008).]

adikahuna
 


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