UGC Approved Journal no 63975(19)
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ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 1
January-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1901590


Registration ID:
194711

Page Number

689-695

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Title

Applications of Operations Research in Textile Industry

Abstract

The profit or the loss incurred by a textile firm is heavily dependent on the way the firm utilizes the resources available to them. Hence this research paper focuses on the use of Operations Research techniques to create a strategy or mechanism that efficiently utilizes the resource available, taking a textile firm based in Surat as a case study. This firm produces two different types of sarees and the total cost of the material, indirect raw material cost (wastage, cutting etc.) and printing and packaging cost have been obtained from the company. The data collected is quantitative in nature and was provided the owner of the firm after interacting with him. The data obtained was mathematically modelled and was solved using the Microsoft Excel Solver. The main objective of the firm is to reduce the cost incurred and find an optimal product mix which increases the profitability of the firm. The observations of the research paper show that the firm could increase its profit from Rs 2,04,000 to 2,20,852 using the recommendations of the study.

Key Words

textile industry, linear programming, simplex, profit maximization

Cite This Article

"Applications of Operations Research in Textile Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.689-695, January-2019, Available :http://www.jetir.org/papers/JETIR1901590.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Applications of Operations Research in Textile Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp689-695, January-2019, Available at : http://www.jetir.org/papers/JETIR1901590.pdf

Publication Details

Published Paper ID: JETIR1901590
Registration ID: 194711
Published In: Volume 6 | Issue 1 | Year January-2019
DOI (Digital Object Identifier):
Page No: 689-695
Country: Mumbai, Maharashtra, India .
Area: Applied Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


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