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Presented by:
Unni Krishnan Pillai


Economic order quantity
Meaning:
• Economic order quantity is the level of inventory that minimizes the total inventory holding costs and ordering costs. It is one of the oldest classical production scheduling models. The framework used to determine this order quantity is also known as Wilson EOQ Model or Wilson Formula.
Overview
• EOQ only applies where the demand for a product is constant over the year and that each new order is delivered in full when the ....etc

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An ideal artificial hand should match the requirements of prosthetics and humanoid robotics.

It can be wearable by the user which means that it can be perceived as part of the natural body and should replicate sensory-motor capabilities of the natural hand. However ,such an ideal bionic prosthesis is still far from reality.

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