Economic Production Inventory model with the associated costs of internet advertising to acquire customers residing worldwide
Journal Title: INTERNATIONAL JOURNAL OF COMPUTERS & TECHNOLOGY - Year 2014, Vol 12, Issue 9
Abstract
In recent times, we are witnessing the technological revolution which provides access to tremendous changes in all the fields including the industrial sectors. The notable benefit of the modern technology is quick accomplishment of complex tasks within a short span of time, which has motivated the manufacturers to imbibe novelty techniques in the production process to enhance the quality of the product so as to retain its market position amidst the competitors. As globalization has gained more concern, the manufacturers employ internet advertising strategy to elevate the product to international level and to propagate the attributes of the products to the customers residing worldwide. In this paper an EPQ inventory model is developed in which the associated costs of technology, acquisition of local and international customers via internet advertising costs are included, a numerical example is also presented to validate the model.
Authors and Affiliations
Ritha Prakash, Nivetha Martin
Keywords
Related Articles
- EP ID EP650491
- DOI 10.24297/ijct.v12i9.2833
- Views 60
- Downloads 0
Visualizing text similarities from a graph-based SOM
Text in articles is based on expert opinion of a large number of people including the views of authors. These views are based on cultural or community aspects, which make extracting information from text very difficult....
A Study of Training and Development at Private Educational Institutions- with special reference to Malwa Region- Punjab
This paper addresses the main issues of training and development for private sector particularly educational institutions. This Paper has been made to understand how training and development in private educational Instit...
3D from 2D for Nano images using images processing methods
The scanning electron microscope (SEM) remains a main tool for semiconductor and polymer physics but TEM and AFM are increasingly used for minimum size features which called nanomaterials. In addition some physical prope...
Role of Adjacency Matrix & Adjacency List in Graph Theory
Today, graph theory has become major instrument that is used in an array of fields. Some of these include electrical engineering, mathematical research, sociology, economics, computer programming/networking, business adm...
Identification of Cardiac Diseases from(ECG) Signals based on Fractal Analysis
This paper investigates the use of fractal geometry for analyzing ECG time series signals. A technique of identifying cardiac diseases is proposed which is based on estimation of Fractal Dimension (FD) of ECG recordings....