The Problem
The EOQ formula is built for purchased items — when something is manufactured in-house and enters inventory gradually, that same formula overstates the ideal batch size.
Calculate the optimal internal production batch size, accounting for gradual output rather than instant delivery.
Features
- EPQ calculated with the gradual-replenishment formula
- Number of production runs per year
- Expected maximum inventory level
Who It's For
Production planners and plant managers
Related Domain: Production Planning Excellence