Economic Order Quantity Theory

Economic Order Quantity Theory

Economic Order Quantity Theory

Illustration of the economic order quantity theory of finding the "optimal" economic order quantity. Works well in theory, but unfortunately not in practice due to different unrealistic assumptions.

Creative Commons LicenseThis work by Christoph Roser at AllAboutLean.com is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Please credit the image as shown below. For digital documents and web pages please do include the links as shown below. Thank you.
By Christoph Roser at AllAboutLean.com under the free CC-BY-SA 4.0 license.

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