Economic Order Quantity
cost effective batch purchases
Archived App
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
About
This application helps businesses determine the optimal quantity of inventory to order to minimize total costs. It calculates the economic order quantity (EOQ) based on demand, ordering costs, and holding costs.
What's New in Economic Order Quantity
3.0
July 6, 2021
All new codebase and interface for a cleaner and more efficient experience. Enjoy!
Developer apps
FAQ
What is Economic Order Quantity used for?
Economic Order Quantity is used to determine the optimal number of units to order to minimize the total costs associated with purchasing, delivery, and storage of a product. It balances ordering costs with holding costs.
What are the requirements for using Economic Order Quantity?
The model is most useful when demand for a product is constant over a specific period and when each new order is delivered in full just as inventory reaches zero. It assumes fixed ordering costs and holding costs.
How much does Economic Order Quantity cost?
Economic Order Quantity is a paid application, priced at $3.99. There are no in-app purchases or subscriptions required after the initial purchase.
On what devices can I use Economic Order Quantity?
Economic Order Quantity is available for iPhone, iPad, and iPod devices. It is designed for the iOS ecosystem.
What is the age rating for Economic Order Quantity?
Economic Order Quantity has an age rating of 4+, making it suitable for a wide range of users. It is a straightforward utility application.
How often is Economic Order Quantity updated?
The latest version of Economic Order Quantity was released on July 6, 2021. While not updated frequently, it provides a stable core functionality for its intended purpose.
What is the user feedback on Economic Order Quantity?
Based on the available data, Economic Order Quantity has received a perfect 5.0-star rating from one review. This indicates a highly positive initial user experience.
Does Economic Order Quantity have ads?
The provided data does not indicate that Economic Order Quantity contains advertisements. As a paid application, it is likely ad-free.
