Method evidence record
Economic Order Quantity
The Economic Order Quantity (EOQ) is a classic deterministic inventory model that identifies the order quantity minimizing the sum of annual ordering and holding costs. Introduced by Ford W. Harris in 1913 and later popularized by R. H. Wilson, EOQ assumes constant demand, fixed cost parameters, and instantaneous replenishment. It remains the foundational benchmark for inventory management in manufacturing, retail, and supply chain contexts where demand is relatively stable and costs are well-characterized.
Evidence statusSources recorded, not reviewedBibliographic sources are present. Claim-level evidence review has not been performed.
Source record
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Citations copied verbatim from the method’s source record. No claim-level verification is inferred from them.
Economic Order Quantity (EOQ)
Taxonomic method recordregression-modeloperations-research
Open full method1 recorded citation, copied from the method source record.
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Related methods
Suggested3
Generated from the method graph and shown as machine-suggested relations. No evidence claim is inferred.
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machine-suggestedRelational suggestion, not evidence.
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machine-suggestedRelational suggestion, not evidence.
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machine-suggestedRelational suggestion, not evidence.