Wilson Model Course
Gain expertise in the Wilson Model, also known as EOQ, to minimize inventory expenses, avoid stockouts, and enhance service reliability. The program provides a detailed, step-by-step approach to calculating EOQ, safety stock, reorder points, and practical modifications suited for logistics and electronics supply chains, empowering better decision-making in inventory control.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This course offers a straightforward guide to mastering the Wilson Model for EOQ and effective inventory management. Participants will classify inventory items, compute optimal order quantities, establish reorder points, and determine safety stock levels using practical examples and basic tools. It covers handling discounts, constraints, and demand variations, culminating in report preparation to reduce costs, maintain service levels, and inform purchasing decisions.
Elevify advantages
Develop skills
- Master EOQ calculations to determine optimal order quantities quickly for logistics scenarios.
- Optimize costs by balancing ordering, holding, and shortage expenses using the Wilson Model.
- Design reorder systems with EOQ, ROP, and safety stock to achieve desired service levels.
- Use real data to estimate demand, costs, and lead times accurately.
- Model scenarios with EOQ variations to 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
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