Agarana, M. C. and Oguntunde, P.E. and Hammed , A.H (2016) Optimization of Production Plan of Hebron Drinks using Operational Research Technique. Covenant Journal of Informatics and Communication Technology (CJICT), 4 (1). pp. 28-40.
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Abstract
Manufacturing companies frequently face challenging operational problems. In such business environment, operations that compete for the same resources must be planned in a way that deadlines are met. Certain expertise in optimization is often required for successful solution of these problems. In this paper, we attempted to optimize the production plan of a manufacturing company - Hebron Drinks, by minimizing the Labour hours, Marching hours and Materials used in producing six different types of products. Linear programming technique was use to model the production plan of Hebron Drinks. The resulted model was solved using simplex method with the aid of computer software (LIP Solver 1.11.1 and 1.11.0). The optimal value obtained shows a reduction in the total cost of production for the period considered.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Linear programming, Simplex method, Optimization, Operational research, Production plan |
| Subjects: | Q Science > QA Mathematics |
| Divisions: | Faculty of Engineering, Science and Mathematics > School of Mathematics |
| Depositing User: | Ms Ugwunwa Esse |
| Date Deposited: | 16 Jun 2017 13:52 |
| Last Modified: | 16 Jun 2017 13:52 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/8274 |
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