A new solution method for the finite-horizon discrete-time EOQ problem

We consider the finite-horizon discrete-time economic order quantity problem. Kovalev and Ng (2008) have developed a solution approach for solving this problem. Their approach requires a search for the optimal number of orders, which takes O(logn)O(logn) time. In this note, we present a modified solution method, which can determine the optimal solution without the need of such a search.