What is EOQ (Economic Order Quantity)? 
In the world of inventory management, understanding how to optimize your order quantity is key to minimizing costs. Enter EOQ — the Economic Order Quantity.
EOQ is the optimal order quantity that helps balance ordering and holding costs, ensuring that your inventory costs are as low as possible.
Why does EOQ matter?
It helps you determine the most cost-effective order size.
By calculating EOQ, you can avoid overstocking (which leads to unnecessary storage costs) and understocking (which can cause stockouts and lost sales).
In short, EOQ helps streamline operations and improve your bottom line by making inventory management more efficient.