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Enhanced optimization model decision efficient multi product retail

Authors :
Solly Aryza
Syahril Efendi
Poltak Sihombing
Sawaluddin
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