3M PF14.0W You are Purchasing The Min Order Quantity which is 1 Each

EOQ Calculation in 13 min. - How to Calculate Economic Order Quantity Model or EOQ Model Hello and welcome back again to MBAbullshit.com. So our topic for this video is the Economic Order Quantity Model or EOQ. Remember you can always go back to MBAbullshit.com. Alright, now this video talk about the basic EOQ model, Economic Order Quantity Model and after this you can move on to my next video on MBAbullshit.com on “EOQ with Quantity Discounts”. Also check out my other related free video on “Re-Order Point” or the basic ROP Model. And after that, you can move on to my next video on MBAbullshit.com about Re-order Point with Safety Stock. Now, let’s start with a story to make it easy to understand. Let’s say that your friend Bob wants to buy basketballs from a factory and sell them to his neighborhood. Bob can buy the basketballs at $ 10 each from the factory, and he plans to sell it in h