The economic order quantity is the number of units of a product a business orders or manufactures in order to minimize its ordering (batch setup) and inventory holding costs. This free excel calculator can be used to calculate the EOQ.
This free production capacity template can be used to estimate the machinery, production facilities and labor resources required by a manufacturing business to enable it to make sufficient product to satisfy its forecast sales demand and inventory levels.
A manufacturing business needs to review its draft financial projections to ensure that they include sufficient capital investment to provide the production capacity needed to meet the sales demand forecast and the required inventory levels.
Last modified September 24th, 2019 by Michael Brown