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According to the EOQ model, the optimal quantity to be ordered is defined by the annual demand quantity (D), the costs per order (CR) and the holding costs (CH), as follows:Image Removed

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Optimal Economic Ordering Quantity = 
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√</font><font size="14">(
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2.D.C</font><font size="4">R
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C</font><font size="4">H
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Several calculators are available online to make use of EOQ model.

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