Work place: Department of Applied Mathematics, Indian Institute of Engineering Science and Technology, Shibpur, Howrah, West-Bengal, 711103, India
E-mail: asd.math@gmail.com
Website:
Research Interests: Computational Mathematics, Mathematics of Computing, Mathematics
Biography
Asim Kumar Das, Graduated in Mathematics from University of Calcutta, Calcutta, India (2005), Master in Applied Mathematics from university of Calcutta, Calcutta, India (2007). He is currently a research scholar of Indian Institute of Engineering Science and Technology (IIEST) under the guidance of Prof. Tapan Kumar Roy. He is interested in the field of several application of fractional calculus in operation research model and fuzzy mathematics.
By Asim Kumar Das Tapan Kumar Roy
DOI: https://doi.org/10.5815/ijisa.2015.03.06, Pub. Date: 8 Feb. 2015
In this paper we introduce the classical EOQ model with a linear trend of time-dependent demand having no shortages using the concept of fractional calculus. The application of fractional calculus has been already used in classical EOQ model where the demand is assumed to be constant. In this present article fractional differential calculus can be used to describe EOQ model with time-dependent linear trend of demand to develop more generalized EOQ model. Here, we want to discuss more deeply its role as a tool for describing the traditional classical EOQ model with time dependent demand.
[...] Read more.Subscribe to receive issue release notifications and newsletters from MECS Press journals