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

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

doi:10.1186/s13662-020-02670-5

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 journal › Article › peer-review

2 Citations (Scopus)

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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
Article number	205
Journal	Advances in Difference Equations
Volume	2020
DOIs	https://doi.org/10.1186/s13662-020-02670-5
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

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10.1186/s13662-020-02670-5Licence: CC BY

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Cite this

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AU - Obaiys, Suzan Jabbar

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AB - 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.

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KW - Cost function

KW - Economic order quantity

KW - Fractional operator

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

Abstract

Keywords

ASJC Scopus subject areas

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