Wilson Model Course
Gain expertise in the Wilson Model (EOQ) to lower inventory expenses, avoid stockouts, and improve service reliability. The course provides a detailed, step-by-step approach to EOQ calculations, safety stock, reorder points, and practical modifications suited for logistics and electronics supply chains, ensuring you can apply these concepts confidently in real-world scenarios.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
This course offers a straightforward guide to mastering the Wilson Model for EOQ and effective inventory management. You'll 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, helping you create clear reports that reduce costs, maintain service levels, and inform smart procurement decisions.
Elevify advantages
Develop skills
- Master EOQ to quickly calculate optimal order quantities for logistics operations.
- Optimise costs by balancing ordering, holding, and shortage expenses using EOQ.
- Design reorder systems with EOQ, ROP, and safety stock to achieve desired service levels.
- Use real data to estimate demand, costs, and lead times for accurate inputs.
- Model scenarios with EOQ to support and justify inventory strategies to stakeholders.
Suggested summary
Before starting, you can change the chapters and 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 EAD or online course and how does it work?
PDF Course