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Published in:

Volume 9 Issue 11
November-2022
eISSN: 2349-5162

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

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Published Paper ID:
JETIR2211554


Registration ID:
505045

Page Number

f417-f423

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Title

OPERATIONS RESEARCH OF MANUFACTURING AND TRANSPORTATION COST IN TEXTILE INDUSTRY

Abstract

The cost incurred in manufacturing and transportation has a huge impact on the overall profit of the firm. This research paper uses Operation Research Techniques to experiment with ways to reduce manufacturing and logistics costs from textile industries to customers. This aim is achieved through the use of mathematical modelling techniques like Linear Programming, the North West Corner Method, Vogel’s Approximation Method, etc to find feasible costs and solve transportation-related issues with help of Excel Solver. This technique is useful for guiding quantitative decisions in industrial engineering. We also aimed at finding an optimal mix from a range of products. The objective is to reduce the cost incurred and find the optimal amount of 2 types of products by considering the various costs involved that can be produced to maximize the profit of the firm. This is done by using the simplex method.

Key Words

Textile Industry, Cost Reduction, Transportation, Linear programming, Simplex, Profit Maximization

Cite This Article

"OPERATIONS RESEARCH OF MANUFACTURING AND TRANSPORTATION COST IN TEXTILE INDUSTRY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 11, page no.f417-f423, November-2022, Available :http://www.jetir.org/papers/JETIR2211554.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

"OPERATIONS RESEARCH OF MANUFACTURING AND TRANSPORTATION COST IN TEXTILE INDUSTRY ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 11, page no. ppf417-f423, November-2022, Available at : http://www.jetir.org/papers/JETIR2211554.pdf

Publication Details

Published Paper ID: JETIR2211554
Registration ID: 505045
Published In: Volume 9 | Issue 11 | Year November-2022
DOI (Digital Object Identifier):
Page No: f417-f423
Country: Indore, Madhya Pradesh, India .
Area: Applied Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


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