Inventory Management

Economic Order Quantity Calculator

Order too often and ordering costs mount; order too much and holding costs do. EOQ is the size that balances them.

Demand, and what each side of the trade-off costs

What you sell, and what a unit costs

Total units sold or consumed per year.

$

Cost per unit (used to calculate holding cost in dollars).

The two costs being balanced

$

Cost to place and receive one order (admin, shipping, receiving labor).

% of unit cost

Annual cost to hold one unit as a % of its value. Includes storage, insurance, obsolescence.

Economic Order Quantity

447

Optimal order quantity to minimize total inventory costs.

Formula verified 12 September 2026

Orders Per Year

22.4

How many times to reorder per year at EOQ.

Total Inventory Cost

$2,236

Total ordering + holding costs at the optimal quantity.

Average Inventory (Units)

224

Average units held in stock (EOQ ÷ 2, assuming linear depletion).

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Estimate only — benchmarks vary by industry and overhead. Read the full disclaimer ↓

Annual Inventory Cost Breakdown

Add your numbers to see the visual breakdown.

Total Cost at Different Order Quantities

Annual ordering, holding, and total cost at several order quantities relative to your EOQ, using the demand, costs, and unit price you entered. Total cost is lowest at the EOQ. Same formulas as the calculator.

Order quantityOrders / yearOrdering costHolding costTotal cost
50% of EOQ (224)44.7$2,236$559$2,795
75% of EOQ (335)29.8$1,491$839$2,329
EOQ (optimal) (447)22.4$1,118$1,118$2,236
150% of EOQ (671)14.9$745$1,677$2,422
200% of EOQ (894)11.2$559$2,236$2,795

Estimates only — not financial, tax, or professional advice.

100% private — every number you enter is calculated in your browser and never sent to our servers.

What it calculates: Economic Order Quantity, Orders Per Year, Total Inventory Cost, Average Inventory (Units).

Updated 5 June 2026 · Transparent assumptions

The minimum sits where they cross

Ordering cost is incurred per order, so it falls as orders get larger and less frequent. Holding cost is incurred per unit held, so it rises with order size because average inventory is half the order quantity. Total cost is the sum, and it is a curve with a minimum.

At the optimum the two costs are equal, which is a useful check on any EOQ figure: compute both at the recommended quantity and they should match. If they do not, one of the inputs is not what it seems.

Being 20% off the optimum costs about 2% in total cost

The total cost curve is shallow around its minimum, so ordering somewhat more or less than the exact EOQ costs very little. Ordering 20% above or below the optimum raises total cost by roughly 2%.

That insensitivity is what makes EOQ practical despite inputs that are always estimates. It also means rounding to a case, pallet or truckload quantity is nearly free, and usually worth more in handling convenience than the precision it gives up.

It is more than warehouse rent

Holding cost should include the capital tied up in stock, storage and handling, insurance, and the cost of obsolescence, damage and shrinkage. Businesses that count only warehouse space typically land at 5% and understate the real figure, which is commonly 15% to 30% of unit cost a year.

The capital component is usually the largest and the most often forgotten: money sitting in inventory is money not available for anything else, and pricing it at your actual cost of capital is what makes the EOQ answer meaningful.

Steady demand, instant replenishment, no discounts

The formula assumes demand is constant and known, the full order arrives at once, lead time is fixed, and no stockouts occur. Real demand is variable and lumpy, which is why EOQ is paired with safety stock and a reorder point rather than used alone.

It also assumes a single unit price. Where a supplier offers quantity discounts, the optimum can jump to a price-break quantity that the plain formula never suggests — compare total cost at the EOQ against total cost at each break before deciding.

Sources & References

Figures on this page are checked against primary, authoritative sources. Links open in a new tab.

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Business disclaimer

Results are estimates for planning and analysis based on the figures you enter. They are not accounting, tax, or financial advice — verify with your own records and a qualified professional before making decisions.

How we calculate · Found an error? email us

Authorship & verification

Written and maintained by , a business operator who builds spreadsheet-based calculators.

What's changed (3 updates)

Published 12 September 2026

  1. Published the calculator with its formula, worked example, assumptions, limitations and a bespoke guide, and added an automated formula test suite covering it.
  2. Tested the square-root EOQ formula and confirmed the result is a genuine cost minimum by evaluating total cost either side of it.
  3. Tested that ordering cost and holding cost are equal at the optimum, which is the defining property of the EOQ solution.

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