Businesses can use the EOQ to figure out the ideal number of units they should order in order to keep costs low. Many, or all, of the products featured on this page are from our advertising partners ...

In this note, an algorithm previously introduced by B. Lev and H. Weiss to optimally solve the finite horizon EOQ model with price changes is modified to avoid infeasible solutions. An example is ...

This is a preview. Log in through your library . Abstract In this paper we consider an infinite horizon economic order quantity (EOQ) model with single announced price increase, with an option of ...