Study of Memory Effect in an Inventory Model with Constant Deterioration Rate

DOI10.5890/JAND.2021.06.004MaRDI QIDQ5026318zbMATH OpenOpenAlexFDO

Authors Rituparna Pakhira, Uttam Ghosh, Susmita Sarkar, Vishnu Narayan Mishra

Publication date 7 February 2022

Published in Journal of Applied Nonlinear Dynamics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.5890/jand.2021.06.004

zbMATH Keywords

fractional order derivativeclassical inventory modeldifferential equation with memory kernelfractional order inventory model

Mathematics Subject Classification ID

Fractional derivatives and integrals (26A33) Fractional ordinary differential equations (34A08) Inventory, storage, reservoirs (90B05)

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Cites work

• scientific article; zbMATH DE number 439383 (Why is no real title available?)
• scientific article; zbMATH DE number 5209382 (Why is no real title available?)
• A note on an order level inventory model for a system with constant rate of deterioration
• A partial backlogging inventory model for non-instantaneous deteriorating items with stock-dependent consumption rate under inflation
• AN INVENTORY MODEL FOR NON-INSTANTANEOUS DETERIORATING ITEMS WITH QUADRATIC DEMAND RATE AND SHORTAGES UNDER TRADE CREDIT POLICY
• An EOQ model for retailers partial permissible delay in payment linked to order quantity with shortages
• Application of homotopy-perturbation method to fractional IVPs
• Fractional sub-equation method and its applications to nonlinear fractional PDEs
• Logistic map with memory from economic model
• Recent trends in modeling of deteriorating inventory
• Stability for Caputo fractional differential systems
• Surpassing the fractional derivative: concept of the memory-dependent derivative

Cited in

(4)

• A memory dependent partial backlogging inventory model for non instantaneous deteriorating item with stock dependent demand
• An inflationary demand scheme with Pareto deterioration in two warehouses
• Study of memory effect between two memory dependent inventory models
• Effects of memory on inventory control and pricing policy for imperfect production with rework process

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