Write a java program to calculate the most economical quantity to be stocked for each
product that a manufacturing company has in its inventory: This quantity is called
economic order quantity (EOQ). It is calculated as twice the product of R and S, where
R= total yearly production requirement, S=set up cost per order. The result is then
divided by I, where I=inventory carrying cost per unit.
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a java program to calculate the most economical quantity to be stocked for each
product that a manufacturing company has in its inventory: This quantity is called
economic order quantity (EOQ). It is calculated as twice the product of R and S, where
R= total yearly production requirement, S=set up cost per order. The result is then
divided by I, where I=inventory carrying cost per unit.
Explanation:
JAVA
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