What will be the EOQ when annual demand is worth $100000.$ Ordering cost is $50.$ Holding cost is $3$

Your Submission Rating

Sub$-$Subject

Topic

Administration Of Public Resources & Public Lands

N$/$A

Step$-$by$-$step

Step $1$ of $2$

ANSWER : $-$

To calculate the Economic Order Quantity $($EOQ$),$ we can use the formula:

EOQ$=\sqrt[\phantom{2}]{\frac{2DS}{H}}$

Where:

$D=$ Annual demand

$-S=$ Ordering cost per order

$-H=$ Holding cost per unit per year

Given:

Annual demand $(D)=$$$100,000$

Ordering cost per order $(S)=$$$50$

Holding cost per unit per year $(H)=$$$3$