Market Analysis of Defective Quality Items Using Artificial Intelligence

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Pulkit Srivastava, Dr. Rahul Singh, Avinash Saxena, Dr. Sachin Bhardwaj, Dr. Himani Grewal, Abhilasha Singh Upadhyaya,

Abstract

In today's competitive market landscape, ensuring product quality is paramount for businesses to maintain customer satisfaction and loyalty. Defective quality items not only lead to financial losses but also tarnish brand reputation. Traditional methods of quality control often fall short in detecting and addressing defects efficiently. This study proposes a novel approach utilizing Artificial Intelligence (AI) for market analysis of defective quality items. The study focuses on leveraging AI techniques, such as machine learning algorithms and computer vision, to analyze patterns and identify defects in products. By harnessing AI, businesses can streamline the quality control process, detect defects with greater accuracy, and ultimately reduce the incidence of defective items reaching consumers. Furthermore, the study explores the implications of defective quality items on the market, including customer perception, brand image, and financial impact. Through comprehensive market analysis, businesses can gain insights into the root causes of defects, identify areas for improvement in the production process, and make data-driven decisions to enhance overall product quality. The proposed AI-driven market analysis framework offers a proactive approach to quality control, enabling businesses to preemptively address defects before they escalate into larger issues. By integrating AI technologies into their quality control strategies, businesses can not only minimize financial losses associated with defective items but also enhance customer satisfaction and loyalty, thus gaining a competitive edge in the market.


 

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