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For this item, you are asked to calculate the EOQ - Economic Order Quantity. A good place to start is by watching this week's video

For this item, you are asked to calculate the EOQ - Economic Order Quantity. A good place to start is by watching this week's video (bellow).

When determining the numbers for the variables needed to perform the calculation, be realistic. Research what the actual numbers could be and provide an explanation/rationale for choosing the numbers.

Perform the calculation and explain what the result means to the business

EOQ Economic Order Quantity formula and explanation

https://www.youtube.com/watch?v=AYpjPWmlyHM

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Introductory Econometrics A Modern Approach

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