{"id":9294,"date":"2019-10-17T02:43:27","date_gmt":"2019-10-17T02:43:27","guid":{"rendered":"https:\/\/hstutorial.com\/?p=9294"},"modified":"2020-02-22T22:49:47","modified_gmt":"2020-02-22T22:49:47","slug":"eoq-definition","status":"publish","type":"post","link":"https:\/\/hstutorial.com\/fr\/eoq-definition\/","title":{"rendered":"EOQ - D\u00e9finition et hypoth\u00e8ses de la quantit\u00e9 de commande \u00e9conomique"},"content":{"rendered":"<div class=\"page\" title=\"Page 18\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h2>What is Economics Order Quantity (EOQ)?<\/h2>\n<p>This is the re-order quantity where the total relevant cost of inventory is minimized. EOQ is also known as optimal re-order quantity. It also the ordering quantity at which the control cost ordering is minimized. See also, <a href=\"https:\/\/hstutorial.com\/fr\/inventory-control\/\">Inventory Control Summary.<\/a><\/p>\n<blockquote><p>Subscribe to our YouTube channel so as not to miss a tutorial video.<\/p>\n<p><script src=\"https:\/\/apis.google.com\/js\/platform.js\"><\/script><\/p>\n<div class=\"g-ytsubscribe\" data-channelid=\"UCsHPKTWR8pDErG0onuksKSA\" data-layout=\"full\" data-count=\"default\"><span style=\"font-size: 16px;\">\u00a0<\/span><span style=\"background-color: #ffffff; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif; font-size: 16px;\">\u00a0<\/span><\/div>\n<\/blockquote>\n<h3>Assumptions of EOQ.<\/h3>\n<p>(1) There is no lead time<br \/>\n(2) There is no quantity discount<br \/>\n(3) The rate of demand is known<br \/>\n(4) There will be no opening and closing stock<br \/>\n(5) The holding and ordering cost are controllable<\/p>\n<h3>Derivation of the EOQ Model.<\/h3>\n<\/div>\n<\/div>\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h4><em>Let:<\/em><\/h4>\n<ul>\n<li>D &#8211; Annual Demand<\/li>\n<li>Co &#8211; Ordering Cost Per Order<\/li>\n<li>H &#8211; Holding Cost Per Unit<\/li>\n<li>Q &#8211; Re-order Quantity<\/li>\n<li>P &#8211; Purchase Cost Per Unit<\/li>\n<\/ul>\n<h3>Formula Derivation:<\/h3>\n<\/div>\n<\/div>\n<div class=\"layoutArea\">\n<div class=\"column\">\n<ul>\n<li>Annual demand = D <em>divided by<\/em> Q<\/li>\n<li>Total ordering cost = D <em>divided by<\/em> Q x Co<\/li>\n<li>Average cost = Q <em>divided by<\/em> 2<\/li>\n<li>Total holding cost = Q <em>divided by<\/em> 2 x H<\/li>\n<li>Total inventory cost (controllable) = D x Co <em>divided by<\/em> Q + Q x H <em>divided by<\/em> 2<\/li>\n<li>Total inventory cost (uncontrollable) = PD + D x Co <em>divided by<\/em> Q + Q x H <em>divided by<\/em> 2<\/li>\n<\/ul>\n<h3>Monetary control of material<\/h3>\n<p>This is the control of the monetary values of materials in order to minimize cost or capital outlay.<\/p>\n<p>It involves the control of the operating cost of the materials in stock.<\/p>\n<div class=\"page\" title=\"Page 19\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<h3>Types of costs<\/h3>\n<ol>\n<li>Purchase cost.<\/li>\n<li>Carrying \/ Holding \/ Storage cost.<\/li>\n<li>Ordering cost.<\/li>\n<li>Stock-out cost.<\/li>\n<\/ol>\n<h4>Definition of the Terms Above<\/h4>\n<ol>\n<li><strong>Purchase Cost:<\/strong> This is the cost of obtaining suppliers as raw material.<\/li>\n<li><strong>Carrying \/ Holding \/ Storage cost:<\/strong> Cost of keeping the raw materials in your store.<\/li>\n<li><strong>Ordering Cost:<\/strong> Cost of placing an order or orders for raw materials, which also includes delivery cost.<\/li>\n<li><strong>Stock-out Cost:<\/strong> This cost is incurred when you don\u2019t have any goods to sell.<\/li>\n<\/ol>\n<h2>Video Guide on EOQ<\/h2>\n<p>This video will help you understand how to derive the formulas for EOQ (Economic Order Quantity). <span class=\"waslinkname\">Click here to watch on YouTube<\/span> or watch the same video below.<\/p>\n<div class=\"wonderplugin-video\" style=\"width:600px;height:400px;position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;\" data-aspectratio=\"1.5\"><iframe class=\"wpve-iframe\" width=\"100%\" height=\"100%\" src=\"https:\/\/www.youtube.com\/embed\/8x1JchKcn6c\" frameborder=\"0\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Qu'est-ce que la quantit\u00e9 de commande \u00e9conomique (QCE) ? Il s'agit de la quantit\u00e9 de r\u00e9approvisionnement pour laquelle le co\u00fbt total du stock est minimis\u00e9. L'EOQ est \u00e9galement connue sous le nom de quantit\u00e9 optimale de r\u00e9approvisionnement. Il s'agit \u00e9galement ...<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/hstutorial.com\/fr\/eoq-definition\/\"> <span class=\"screen-reader-text\">EOQ - D\u00e9finition et hypoth\u00e8ses de la quantit\u00e9 de commande \u00e9conomique<\/span> Lire la suite \"<\/a><\/p>","protected":false},"author":2,"featured_media":9296,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[61],"tags":[217,324,323],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v21.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EOQ - Definition &amp; Assumptions of Economic Order Quantity - HS Tutorial<\/title>\n<meta name=\"description\" content=\"EOQ is the re-order quantity where the total relevant cost of inventory is minimized. 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