Neutrosophic multicriteria method for the timely detection of the economic impact of the Russia-Ukraine conflict on production costs

Authors

  • Danny Mauricio Sandoval Malquin Autonomous Regional University of the Andes, Tulcán. Ecuador
  • Myriam Alexandra Cacuango Andrango Autonomous Regional University of the Andes, Tulcán. Ecuador
  • Alex Omar Vivero García Autonomous Regional University of the Andes, Tulcán. Ecuador

Keywords:

neutrosophic multicriteria method, production costs, liquidity, economic equilibrium

Abstract

The objective of this research is to develop a neutrosophic multi-criteria method for the timely detection of the economic impact that the armed conflict between Russia and Ukraine has caused on production costs in the EYB ROSES Company in Ecuador. According to the analysis of the information obtained from the implementation of the neutrosophic method, it was determined that this war conflict resulted in an increase of 62.32% in the company's production costs, even more so, in nitrogenous and potassium fertilizers. That are very necessary for its production and process; the increase in the cost of production has been affecting the company's liquidity levels. However, the company has chosen to seek new strategies to respond to its immediate financial needs without affecting the quality of the product.

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Published

2023-10-01

Issue

Vol. 29 (2023): October - December

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Neutrosophic multicriteria method for the timely detection of the economic impact of the Russia-Ukraine conflict on production costs. (2023). Revista Asociación Latinoamericana De Ciencias Neutrosóficas. ISSN 2574-1101, 29, 83-96. http://fs.unm.edu/NCML2/index.php/112/article/view/420