Determination of the degree of relationship between Activity Cost and Financial Management in beef cattle production in a region of Peru, based on Indeterminate Likert Scale and Neutrosophic Similarity

Michael Raiser Vásquez-Ramírez, Ketty Marilú Moscoso-Paucarchuco, Manuel Michael Beraún-Espíritu, Humberto Rafael Yupanqui-Villanueva, Omar Arturo Vivanco-Nuñez, Wilfredo Fernando Yupanqui-Villanueva, Rafael Jesús Fernández-Jaime, Edgar Gutiérrez-Gómez

Research output: Contribution to journalOriginal Articlepeer-review

2 Scopus citations

Abstract

Activity Cost and Financial Management are two variables of vital importance in livestock production. This paper aims to measure the relationship existing between these two variables within the production of beef cattle in the Coto-Coto Chilca Livestock Fair in Peru. To do this, we selected 141 ranchers from the area to give their opinions regarding the behavior of these two variables. The data were represented with the help of an Indeterminate Likert Scale, to capture the uncertainty and indeter-minacy of the respondents' opinion. Survey results were compared for the two variables using a measure of neutrosophic simi-larities. Neutrosophic similarities are used to measure the degree of similarity between two neutrosophic sets measured in certain aspects.

Original languageAmerican English
Pages (from-to)83-89
Number of pages7
JournalNeutrosophic Sets and Systems
Volume64
DOIs
StateIndexed - 2024

Bibliographical note

Publisher Copyright:
© (2023), (University of New Mexico). All Rights Reserved.

Keywords

  • Activity costs
  • Indeterminate Likert Scale
  • financial management
  • neutrosophic similarity measure
  • profitability
  • refined neutrosophic set
  • resource optimization
  • triple refined indeterminate neutrosophic set

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