Inventory & Demand for a monopoly
Built for k-12 students learning it in middle or high school. Watch the idea come alive with plain-language steps and everyday examples — perfect for projects and homework. Simulate a monopoly live below — adjust the inputs and watch it respond, right in your browser.
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Order too often and ordering costs pile up; order too much and holding costs balloon. The Economic Order Quantity, EOQ = √(2DS/H), is the order size that minimizes their sum. At the optimum the ordering and holding costs are exactly equal — the crossing point of the two curves. The foundation of inventory management.
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Governing equation
Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.
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Geometric Brownian motion models a price with constant drift and random volatility — the assumption behind Black-Scholes. Running hundreds of simulated paths reveals the full distribution of outcomes, not just an average. Educational tool, not investment advice.
Data Inspector
Governing equation
Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.
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Frequently asked questions
- Is this good for k-12 students?
- Yes — this version of "Inventory & Demand for a monopoly" is framed for k-12 students learning it in middle or high school. Watch the idea come alive with plain-language steps and everyday examples — perfect for projects and homework.
- Do I need to install anything?
- No. It runs in any modern browser, free, with no account required.