EOQD() - Economic order quantity

Economic ordering quantity using discount and tax rates.

Returns

Double value if successful. If an error occurs, this function returns a zero.

Arguments

Type	Field	Description
double	dCostOrder	Cost of placing order
double	dUnits	Annual unit sales
double	dCostHold	Holding cost as a percent of inventory value
double	dCostUnit	Cost per unit
double	dDisc	Discount rate as percentage
double	dTax	Tax rate as percentage

16 bit DLL declarations

PowerBuilder Function declaration

function double EOQD(double dCostOrder, double dUnits, double dCosthold, double dCostUnit, double dDisc, double dTax) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function EOQD lib "IFL16" (ByVal dCostOrder As Double, ByVal dUnits As Double, ByVal dCostHold As Double, ByVal dCostUnit As Double, ByVal dDisc As Double, ByVal dTax As Double) As Double

C/C++ Synopsis

#include "function.h"

double EOQD(double dCostOrder, double dUnits, double dCosthold, double dCostUnit, double dDisc, double dTax)

32 bit DLL declarations

PowerBuilder Function declaration

function double EOQD(double dCostOrder, double dUnits, double dCosthold, double dCostUnit, double dDisc, double dTax) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function EOQD lib "IFL32" (ByVal dCostOrder As Double, ByVal dUnits As Double, ByVal dCostHold As Double, ByVal dCostUnit As Double, ByVal dDisc As Double, ByVal dTax As Double) As Double

C/C++ Synopsis

#include "function.h"

double EOQD(double dCostOrder, double dUnits, double dCosthold, double dCostUnit, double dDisc, double dTax)

Example:

dCostOrder	=	35.00
dUnits	=	1,500
dCostHold	=	0.04	(4%)
dCostUnit	=	21.00
dDisc	=	0.08	(8%)
dTax	=	0.4	(40%)

Result: 157.24 (units)