National Council of Teachers of Mathematics 2013 Annual Meeting and Exposition

Please note: The NCTM conference program is subject to change.

23- How Many to Order? Applying the Economic Order Quotient

Thursday, April 18, 2013: 8:00 AM-9:00 AM
501/502 (Convention Center)
Lead Speaker:
Thomas G. Edwards
Co-speakers:
Kenneth R. Chelst and S. Asli Ozgun-Koca


Learn to use the Economic Order Quantity, a management tool, to decide how much of a product to carry in stock to minimize ordering and holding costs. Use technology and algebra to solve a specific example of the problem and generalize the result. We will share open-ended questions for launching the activity.

Presentation Format: 9-12 Session
Grade Band Audience: 9 to 12

See more of: 9-12 Session
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