Detail publikačního výsledku

Numerical Solution of the Inventory Balance Delay Differential Equation

NOVOTNÁ, V.

Originální název

Numerical Solution of the Inventory Balance Delay Differential Equation

Anglický název

Numerical Solution of the Inventory Balance Delay Differential Equation

Druh

Článek WoS

Originální abstrakt

Inventory represents an essential part of current assets, which are typically characterized by their transience. This paper aims to outline a numerical solution of the inventory balance equation supplemented by an order-up-to replenishment policy for a case in which the problem is described by a differential equation with delayed argument. The results are demonstrated on a specific example and the behaviour of the model is presented using a computer simulation. The results are graphically shown in the Maple system. The solution makes use of the theory of functional differential equations, especially the part dealing with differential equations with delayed arguments.

Anglický abstrakt

Inventory represents an essential part of current assets, which are typically characterized by their transience. This paper aims to outline a numerical solution of the inventory balance equation supplemented by an order-up-to replenishment policy for a case in which the problem is described by a differential equation with delayed argument. The results are demonstrated on a specific example and the behaviour of the model is presented using a computer simulation. The results are graphically shown in the Maple system. The solution makes use of the theory of functional differential equations, especially the part dealing with differential equations with delayed arguments.

Klíčová slova

inventory management, differential equations with delay, modelling

Klíčová slova v angličtině

inventory management, differential equations with delay, modelling

Autoři

NOVOTNÁ, V.

Rok RIV

2016

Vydáno

24.02.2015

Nakladatel

InTech

Místo

Rijeka, Croatia

ISSN

1847-9790

Periodikum

International Journal of Engineering Business Management

Svazek

2015

Číslo

7

Stát

Spojené království Velké Británie a Severního Irska

Strany od

1

Strany do

9

Strany počet

9

URL

Plný text v Digitální knihovně

BibTex

@article{BUT113071,
  author="Veronika {Novotná}",
  title="Numerical Solution of the Inventory Balance Delay Differential Equation",
  journal="International Journal of Engineering Business Management",
  year="2015",
  volume="2015",
  number="7",
  pages="1--9",
  doi="10.5772/60113",
  issn="1847-9790",
  url="https://doi.org/10.5772/60113"
}

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