NEUTROSOPHIC INVENTORY MODEL WITHOUT SHORTAGES | Asian Journal of Mathematics and Computer Research

Inventory management rules are critical for the smooth running of businesses that deal with input, outflow, and storage of items. This study examines an economic order quantity (EOQ) inventory model without shortages, with the goal of determining the optimal cost and inventory order quantity by using non-deterministic parameters as triangular neutrosophic numbers in a neutrosophic setting. The decision makers in this study assume that demand and ordering cost are triangle neutrosophic numbers. This model has the advantage of being a robust paradigm when indeterminacy occurs when making key business decisions. A numerical example is used to demonstrate the suggested method, which is then analysed using the sensitivity analysis method.

Please see the link :- https://www.ikprress.org/index.php/AJOMCOR/article/view/948