【實用財經app】Simple EOQ Calculator|最夯免費app

【實用財經app】Simple EOQ Calculator|最夯免費app

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【免費財經App】Simple EOQ Calculator-APP點子

Companies that hold stock face two major costs: holding cost, and ordering. Both costs work in such a way that managers need to balance them; there is a trade-off: stock too much and your holding costs will eat your profits, keep your ordering frequency at high levels and your ordering costs will increase.

For the sake of supply chain management efficiency there are many models available. One of the most utilised systems is the ‘Economic Order Quantity’ (EOQ) model, developed by Production Engineer Ford Harris.

This simple model allows to calculate the order size, and hereby the reorder point that minimises the total cost of purchasing, ordering and holding stocks. The simplicity of the model resides in its ability to calculate such optimal quantity only considering demand, and the ordering and holding costs.

This application calculates the EOQ given an annual demand estimate, together with the total yearly orders and the total annual cost.

Further, you can choose to calculate the EOQ when shortages may arise; the possibility of shortages may come from either a technical perspective (it is possible to backorder), or from a commercial possibility (customers do not cancel an order whenever there is no inventory available and wait for the backordering process).

As an additional option, if you consider your demand is uncertain, the calculator will make use of the 'Newsvendor model' and will calculate the optimal monthly order given the selling price of the product, your costs, and the average monthly demand and its standard deviation. This is the most used models to calculate the optimal order size when demand is unknown and only the demand mean and variance is known.

【免費財經App】Simple EOQ Calculator-APP點子

【免費財經App】Simple EOQ Calculator-APP點子

【免費財經App】Simple EOQ Calculator-APP點子

【免費財經App】Simple EOQ Calculator-APP點子

【免費財經App】Simple EOQ Calculator-APP點子

免費玩Simple EOQ Calculator APP玩免費

免費玩Simple EOQ Calculator App

Simple EOQ Calculator APP LOGO

Simple EOQ Calculator LOGO-APP點子

Simple EOQ Calculator APP QRCode

Simple EOQ Calculator QRCode-APP點子
熱門國家系統支援版本費用APP評分上架日期更新日期
未知Android
Google Play
1.07
App下載
GBP$1.99
1970-01-012015-04-23
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