A new model of economic order quantity associated with a generalized conformable differential-difference operator

Rabha W. Ibrahim, Rafida M. Elobaid, Suzan Jabbar Obaiys

    Research output: Contribution to journalArticle

    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 languageEnglish
    Article number205
    JournalAdvances in Difference Equations
    Volume2020
    DOIs
    Publication statusPublished - 12 May 2020

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    Keywords

    • Conformable fractional calculus
    • Cost function
    • Economic order quantity
    • Fractional operator

    ASJC Scopus subject areas

    • Analysis
    • Algebra and Number Theory
    • Applied Mathematics

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