Abstract
The economic order quantity (EOQ) is the order quantity that minimizes the total holding costs and ordering costs. In this effort, we propose a design for EOQ by employing a conformable differential-difference operator, which accepts to minimize the EOQ.
Original language | English |
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Article number | 205 |
Journal | Advances in Difference Equations |
Volume | 2020 |
DOIs | |
Publication status | Published - 12 May 2020 |
Keywords
- Conformable fractional calculus
- Cost function
- Economic order quantity
- Fractional operator
ASJC Scopus subject areas
- Analysis
- Algebra and Number Theory
- Applied Mathematics