Wilson Model Course
Gain expertise in the Wilson Model, also known as EOQ, to lower inventory costs, avoid stock shortages, and improve service reliability. The course delivers a step-by-step approach to EOQ calculations, safety stock, reorder points, and practical modifications suited to logistics and electronics supply chains, empowering better decision-making in inventory control.

4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
This course provides a straightforward guide to mastering the Wilson Model for EOQ and effective inventory management. Participants learn to categorise products, determine ideal order quantities, establish reorder points, and calculate safety stock using practical examples and basic tools. It covers handling discounts, limitations, and demand variations, enabling learners to produce clear reports that reduce expenses, maintain service standards, and inform sound procurement decisions.
Elevify advantages
Develop skills
- Master EOQ calculations to quickly determine optimal order quantities in logistics scenarios.
- Optimise costs by balancing ordering, holding, and shortage expenses through EOQ techniques.
- Design reorder systems including EOQ, ROP, and safety stock to achieve desired service levels.
- Use real-world data to estimate demand, costs, and lead times for accurate inputs.
- Model scenarios with EOQ to evaluate options and support inventory policy decisions with stakeholders.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
FAQs
Who is Elevify? How does it work?
Do the courses have certificates?
Are the courses free?
What is the course workload?
What are the courses like?
How do the courses work?
What is the duration of the courses?
What is the cost or price of the courses?
What is an online course and how does it work?
PDF Course