Neutrosophic Price Indices with an Applied Study on Pesticide Prices

Abstract

An index is a tool for comparing a phenomenon or several phenomena dating back to different periods to know the amount of change in the phenomena or the difference between them. For example, we compare the price of a commodity in a particular year with its price in a given year, compare the prices of a group of commodities in one year with their prices in another year, or compare the price of a commodity in two different places. For example, we compare the price of a commodity in one city with its price in another city. This paper presents a study of these Indices from a neutrosophic point of view. Which allows us to study Indices with uncertain or non-well-defined price data. In addition, access to results that determine the extent of the change in prices as accurately as possible, and thus the optimal planning for the next stage and the development of appropriate solutions. An applied example was presented to study the change in the prices of pesticides used to combat the "vine stem borer" insect using the neutrosophic Indices.

Keywords

• indices
• neutrosophic logic
• base year
• studying year
• comparison year
• target year