In this video I have explained the concept of EOQ ( Economic Order Quantity) and solved two problems.
Here I have also explained the relationship between Ordering Cost and Carrying Cost with Graphical Representation (Diagram).
ā±TIMESTAMPS
0:00 - Intro
0:12 - Concept
11:03 - EOQ Formula
12:01 - Problem 1
13:46 - Problem 2
#2 EOQ with Bulk Discounts
https://youtu.be/YVEobpHe7nA
Material Costing Chapter Playlist
https://youtube.com/playlist?list=PLVjZhvcpvcGrmMLJJj67l3LlAArsajFno&si=8MrBj-bJbzgAVX6q
This is for the students of B.COM, BBA, CA INTER, CMA, ACCA and any other accounting courses which has this chapter in its syllabus.
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