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

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.