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Purpose - India started economic reforms at a rapid pace to catch up the world economy by following the services-led-growth model during the post-liberalisation period. Over the years, the growing unemployment rate posits a re-look into the dynamics of growth model for wider work force...
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In this paper, we considered a deterministic inventory model with time-dependent demand and time-varying holding cost where deterioration is time proportional. The model considered here allows for shortages, and the demand is partially backlogged. The model is solved analytically by minimizing...
Persistent link: https://www.econbiz.de/10009759300
Every organisation that produces product evaluates their performance at certain intervals to keep the pace with the market. Forecasts are evaluated to improve models to achieve better policy and planning outcomes. The purpose of this study is to observe whether the forecast errors are within the...
Persistent link: https://www.econbiz.de/10012993622
As a result of good modeling capabilities, neural networks have been used extensively for a number of chemical engineering applications such as sensor data analysis, fault detection and nonlinear process identification. However, only in recent years, with the upsurge in the research on nonlinear...
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Purpose: Lean Manufacturing System has emerged as an important area of research in Indian context. The requirement of Lean Manufacturing has increased due to defects in products (semi finished and finished) and subsequent increase in cost. In this context, this study is an attempt to develop a...
Persistent link: https://www.econbiz.de/10011903295
The use of an artificial neural network for predicting the effluent compositions in coal gasification was investigated. A mathematical model of coal gasification was developed and simulated to find the effluent compositions for different process conditions. The effluent compositions predicted...
Persistent link: https://www.econbiz.de/10014189279