What’s new in iPhone 5?
Manage your inventory economically with best possible inventory cost and lead time with EOQ Quick
The most important thing for any business is to manage its cost effectively. EOQ Quick is one such iPhone business app that lets you manage your inventory in an optimum way.
EOQ or Economic Order Quantity refers to the amount of quantity ordered at the least cost possible. This is done when you optimize your demand, ordering cost and holding cost together. The simple formula on which EOQ Quick works is:EOQ= Demand x Ordering Cost / Holding Cost.
However, everyone forgets this principle after graduation. The best way is to use EOQ Quick on your iPhone. All you have to do is to input the constant number of inventory you require (Demand) in units, the number of order and the time required for delivery (lead time). With all this in hand, EOQ Quick gives you the powers to not only reduce your inventory holding cost but also you’re ordering cost. This simple iPhone business app works just like a calculator.
With changing business environment and fluctuating costs it’s hard to make decisions. EOQ Quick gives you the ability to get cost efficient. All you have to do is to use this iPhone business app just before making an order. The best thing about this iPhone business app is that it keeps record of your previous orders. This means EOQ Quick gives you history which further helps in making accurate decisions every time.
The EOQ Quick is one of the must have tools for businesses having to stock inventory. This iPhone business app comes under $2, but saves you much more than that.
Compatibility
The Economic Order Quantity Calculator is compatible with iPhone, iPod Touch and iPad. This iPhone eBook app requires iOS 3.0 or later.
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