The Economic order size app is designed to help your operations minimise the cost of ordering and holding inventory. With this utility tool, you can visualise in real time how cost of ordering inventory falls with the increase in ordering volume due to purchasing on economies of scale. With EOS you can easily calculate the optimal EOQ for your operations and visualise the exact point that minimises your total costs
Features include
-Economic order size calculations based on yearly demand, fixed costs and holding costs
-Real time graph to visually view your Total cost per order size
-Optimal order quantity determination
-Automatically displays total cost based on your carrying costs as well as holding costs
-Customisable app themes