EOQ() - Economic order quantity

Calculates the economic ordering quantity.

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

16 bit DLL declarations

PowerBuilder Function declaration

function double EOQ(double dCostOrder, double dUnits, double dCosthold, double dCostUnit) library "IFL16.DLL"

Visual Basic Function declaration

Declare Function EOQ lib "IFL16" (ByVal dCostOrder As Double, ByVal dUnits As Double, ByVal dCostHold As Double, ByVal dCostUnit As Double) As Double

C/C++ Synopsis

#include "function.h"

double EOQ(double dCostOrder, double dUnits, double dCosthold, double dCostUnit)

32 bit DLL declarations

PowerBuilder Function declaration

function double EOQ(double dCostOrder, double dUnits, double dCosthold, double dCostUnit) library "IFL32.DLL"

Visual Basic Function declaration

Declare Function EOQ lib "IFL32" (ByVal dCostOrder As Double, ByVal dUnits As Double, ByVal dCostHold As Double, ByVal dCostUnit As Double) As Double

C/C++ Synopsis

#include "function.h"

double EOQ(double dCostOrder, double dUnits, double dCosthold, double dCostUnit)

Example:

dCostOrder	=	35.00
dUnits	=	10,000
dCostHold	=	0.2	(20%)
dCostUnit	=	4.73

Result: 860.21 (units)