Case 2 EOQ Estimation for the Neighborhood Pharmacy
Quantity
(Q)
Total Cost
(TC)
Price (P)
Use
Requirement
(X)
Order Cost
θ
Carrying
Cost (C)
0 4 5,000 $50 $0.50
100 $22,525 4 5,000 50 0.50
200 21,300 4 5,000 50 0.50
300 20,908 4 5,000 50 0.50
400 20,725 4 5,000 50 0.50
500 20,625 4 5,000 50 0.50
600 20,567 4 5,000 50 0.50
$22,000
$22,500
$23,000
Neighborhood Pharmacy EOQ