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Enhanced optimization model decision efficient multi product retail
- Source :
- International Journal of Electronics and Telecommunications, Vol vol. 70, Iss No 3, Pp 661-666 (2024)
- Publication Year :
- 2024
- Publisher :
- Polish Academy of Sciences, 2024.
-
Abstract
- The success of businesses depends on factors such as cost management, improving product and service quality, and satisfying customer demands. This study has been conducted to optimize the distribution of multiple product and levels of product flow under uncertain condition. This involves developing a mathematical model that minimizes supply chain costs while maximizing customer satisfaction across different scenarios. This is enabled businesses to introduce omnichannel approaches that cover all social strata, tastes, and habits, allowing organizations to take greater control over pricing and product selection and receive precise feedback from the market and customers.
Details
- Language :
- English
- ISSN :
- 20818491 and 23001933
- Volume :
- . 70
- Issue :
- 3
- Database :
- Directory of Open Access Journals
- Journal :
- International Journal of Electronics and Telecommunications
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.61ad6e79b271471a9484ebe8fd637d76
- Document Type :
- article
- Full Text :
- https://doi.org/10.24425/ijet.2024.149594