Proposed Model to Manage Product Life Cycle Costs Using Fuzzy Logic in Egyptian Manufacturing Environment: Case Study

Michael Basily (1), Abd elazeem Alsayed (2)
(1) High Institute of Marketing, Commerce & Information Systems New Cairo, Egypt,
(2) High Institute of Marketing, Commerce & Information Systems New Cairo, Egypt

Abstract

Although the traditional product life cycle cost model is one of the most commonly used models in the decision-making process on trade-offs between the manufacture of different products, taking into account all the costs that arise during the life cycle of competing alternatives, the costs of the product’s life cycle in its traditional form cannot effectively deal with uncertainties, hence the need for Fuzzy logic that deals with uncertain data in a systematic manner; Therefore this study provides a knowledge framework for understanding some of the foundations of product life cycle cost management; Therefore this research focused on examining the relationship between the use of fuzzy logic and product life cycle cost management; This study presented a proposed model for managing product life cycle costs using fuzzy logic in the Egyptian manufacturing environment.


The study suggested that the use of fuzzy logic in estimating product life cycle costs is expected to affect product cost management, Using the introduction of a case study of an Egyptian industrial company in the field of home electrical appliance manufacturing, the results of the study showed that the use of fuzzy logic in estimating the cost of the product life cycle has positively affected the management of product costs in the company, and the results of the case study also demonstrated the effectiveness of the proposed model.

Full text article

Generated from XML file

Authors

Michael Basily
Abd elazeem Alsayed
Basily, M., & Alsayed, A. elazeem. (2024). Proposed Model to Manage Product Life Cycle Costs Using Fuzzy Logic in Egyptian Manufacturing Environment: Case Study. The Arab Journal of Administration, 44(3), 181–194. https://doi.org/10.21608/aja.2022.141683.1257

Article Details

Similar Articles

1 2 3 4 5 6 7 8 9 10 > >> 

You may also start an advanced similarity search for this article.

No Related Submission Found