Research Article

Neutrosophic Cost Pattern of Inventory System with Novel Demand Incorporating Deterioration and Discount on Defective Items Using Particle Swarm Algorithm

Table 1

Contribution-based comparison of this article with earlier literature.

ArticlesDemand rateDeteriorationImprecise parametersNature of imprecisenessDefective itemsDiscount on defective itemsDelay in payment

Wee et al. [38]ConstantNoNoNoYesNoNo
Khanra et al. [39]QuadraticConstantNoNoNoNoYes
Chen and Teng [40]ConstantProduct’s maximum life timeNoNoNoNoYes
Pal et al. [41]Ramp typeWeibullCost parameters and inflation rateTriangular fuzzyNoNoNo
Wu et al. [42]ConstantProduct’s maximum life timeNoNoNoNoNo
San-Jose et al. [43]Power pattern of timeNoNoNoNoNoNo
Mahapatra et al. [44]Price, stock, reliability, and advertisementWeibullCost parametersTriangular fuzzyNoNoYes
Mullai and Surya [45]ConstantNoCost parametersTriangular neutrosophicNoNoNo
Sepehri et al. [46]PriceConstantNoNoYesNoNo
Karakatsoulis and Skouri [47]ConstantNoNoNoYesNoNo
Luo et al. [48]ConstantNoNoNoYesNoNo
Present paperReliability and power pattern of timeProduct’s maximum life timeCost parametersTriangular neutrosophicYesYesYes