1. Neutrosophic Inventory System for Decaying Items with Price Dependent Demand.
- Author
-
Surya, R., Mullai, M., and Vetrivel, G.
- Subjects
- *
PRICES , *BACK orders , *INVENTORY control , *INVENTORIES - Abstract
This study presents an empirical investigation of a specific problem in inventory control, notably the management of decaying commodities with demand that is influenced by price. The approach taken in this research incorporates the effective use of trapezoidal neutrosophic numbers. The present model is employed for the objective of finding the neutrosophic optimal total cost and neutrosophic optimal interval of time for the inventory system. Defuzzification process is done with the help of signed distance method. Moreover, a mathematical evaluation is conducted in order to assess the stated model, and the findings are elucidated through the use of a numerical illustration. [ABSTRACT FROM AUTHOR]
- Published
- 2024