Arbitrary-order economic production quantity model with and without deterioration: generalized point of view
The key objective of this paper is to study and discuss the application of fractional calculus on an arbitrary-order inventory control problem. Using the concepts of fractional calculus followed by fractional derivative, we construct different possible models like generalized fractional-order econom...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2020
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Online Access: | http://psasir.upm.edu.my/id/eprint/38102/1/38102.pdf |