Amhara Pipe Factory
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Decision-making Under Certainty: a Linear Programming Approach towards Optimal Product Mix Decisions—a Case Study in Amhara Pipe Factory
Abstract: Manufacturing organizations highly benefit from proper allocation of resources (working capital, raw materials, labor power, working times, machinery, etc.) to optimize a product mix which is useful for profit maximization. The main purpose of this study is to critically examine the products produced in Amhara Pipe Factory to certainly decide which of these products must be given more attention or produced more in order to maximize the profit. The products …
Published in Journal of Production Research & Management · Vol. 9, Issue 3, 2019 · pp. 15–26 Read article