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Subject Topic: EOQ calc (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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Crammer
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Joined: 19 Aug 2009
Location: United States
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Posts: 283
Posted: 29 Aug 2009 at 13:20 | IP Logged  

Hey guys - probably a dumb question, but this is about the time when I start freaking out.ha.

When calculating the EOQ for inventory mgmt. you take:

2bT/i or (2 x fixed costs x total cash demand over time) / interest rate. then take the square root of that answer and divide by 2.

Question is - How are you coming up with the square root on that computer calc they give you??

Thanks

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b225
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Joined: 23 Jul 2009
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Posts: 7
Posted: 29 Aug 2009 at 15:17 | IP Logged  

I may be wrong, but isn't there a button labeled "sqr?" The only point of reference I have is the CPAExcel exam mode, but it has an SQR button. 
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