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Erschienen in:
2004 | OriginalPaper | Buchkapitel
Profit from an Engineering Plant
Erschienen in: Mathematical Modelling
Verlag: Springer Netherlands
Enthalten in: Professional Book Archive
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This project considers the manufacture of three major products (A, B and C) by an engineering plant. Figures are available on the resources required for the manufacture of each product together with the total resource availability. The problem is formulated as a linear programming (L.P.) problem which requires the maximization of the objective function (which is profit in this case) subject to three linear constraints which involve raw materials, production time and warehouse space. The L.P. problem is solved by hand using the simplex method and the results are validated using the L.P. software package LINDO. An extension is included to show the flexibility in the use of such software packages.