Abstract
Customer acquaintance and the quality of the products decide the survival span of all the business sectors. Every production firm attempts to manufacture novel products with attractive and compatible features to satisfy the demands of different types of customers, especially with a special preference for the consistent kind of customers. A decision-making inventory model compassing the initiatives taken by the production firm for consistent customers is developed with the inclusion of costs associated with quality conservation and warehouse management. The reliability of the model is validated with numerical examples and inferences on parametric variations are made by comparing the results employing MATLAB software. The proposed model shall be further discussed in a fuzzy environment
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Decision Making: Applications in Management and Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.