How to Do Economic Order Quantity Analysis. Economic order quantity (EOQ) analysis offers a business a key advantage -- ordering just the right amount of stock at the right price right on time. The business owner must know some basic facts.

Inventory can be valued in number of ways, FIFO, LIFO and AVCO being the most famous. To learn few more inventory valuation methods have a quick look at this: What are different inventory valuation methods? Entities purchase inventory as and when they feel the need or based on a particular method for example Economic Order Quantity (EOQ).

How to Do Economic Order Quantity Analysis. Economic order quantity (EOQ) analysis offers a business a key advantage -- ordering just the right amount of stock at the right price right on time. The business owner must know some basic facts.