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

hi guys the end Ronson from dried success calm today we're gonna talk about calculating economic or quantity and we're going to use a very simple and straightforward formula we're going to use what's called the Wilson yo cue formula this is a formula it's been around for a hundred years that actually started in 1913 and there's some pros and cons to this to this formula but it's important to note that a lot of things have changed in terms of business over the last hundred years so what we're going to do today is we're going to go over exactly how the formula is used I'm going to go through this example up here on the board I'm going to show you how to determine your economic order quantity and then we'll just talk about some of the drawbacks and the benefits of using the formula in terms of identifying the ideal quantity in terms of you know purchasing raw materials or consumables what