Economic Order Quantity (EOQ) Calculator
calculate_economic_order_quantityCalculate the Economic Order Quantity (EOQ) — the order size that minimises combined ordering and holding cost. Returns EOQ, orders per year, and total annual cost. Free tool by Tru-Stock AI — https://www.tru-stock.ai/tools/eoq-calculator
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| unitCost | No | Cost per unit | |
| orderCost | Yes | Fixed cost to place one order | |
| annualDemand | Yes | Units sold per year | |
| holdingCostPct | No | Annual holding cost as % of unit cost. Default 25 | |
| holdingCostPerUnit | No | Annual holding cost per unit (optional; otherwise derived from unitCost) |