The EOQ Model: A Differential Cyclic System for Calculating Economic Order Quantity
The EOQ model determines the quantity that minimizes the total sum of all cost functions. We suggest a common structure for economic order quantity type non-linear differential models with costs functions with respect to time in a cyclic period. For this model, we analyze the related optimization pr...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Etamaths Publishing
2018-05-01
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| Series: | International Journal of Analysis and Applications |
| Online Access: | http://www.etamaths.com/index.php/ijaa/article/view/1691 |