Chapter 13

Infusion–diffusion process-based modeling and profit estimation for manufacturing industries

Adarsh Anand1, Vrinda Dujari1, Mangey Ram2 and Kanchan Das3,    11Department of Operational Research, University of Delhi, Delhi, India,    22Department of Mathematics, Computer Science and Engineering, Graphic Era Deemed to be University, Dehradun, India,    33Department of Technology Systems, East Carolina University, Greenville, NC, United States

Abstract

With rapid and perpetual improvements in technology and industrial science, an organization spends a considerable amount of resources in the research and experimenting phase of a product to ensure the maximum reliability and meet the customer’s expectations. However, there arises a scenario ...

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