A production–inventory model of HMMS on time scales Original Research Article

The aim of this work is to investigate the optimal production and inventory paths of HMMS type models (proposed by Holt, Modigliani, Muth and Simon) on complex time domains. Time scale calculus which is a rapidly growing theory is a main tool for solving and for analyzing the model. This work will enrich management and economics by providing a flexible and capable modelling technique.