Multi-Product Production System with the Reduced Failure Rate and the Optimum Energy Consumption under Variable Demand

The advertising of any smart product is crucial in generating customer demand, along with reducing sale prices. Naturally, a decrease in price always increases the demand for any smart product. This study introduces a multi-product production process, taking into consideration the advertising- and p...

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Bibliographic Details
Main Authors: Shaktipada Bhuniya, Biswajit Sarkar, Sarla Pareek
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/7/5/465