DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL

In the competitive market of apparel manufacturing, lead time for production plays a significant role in the delivery of the produces impacting the entire supply chain. Nowadays, composite manufacturers are leaning towards delivering within the shortest possible time to retain customers in this com...

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Main Authors: Sourav Kumar Ghosh, Sumon Hossain, Hafijur Rahman, Naurin Zoha, Mohammad Arif-Ul Islam
Format: Article
Language:English
Published: Institute of Technology and Education Galileo da Amazônia 2020-04-01
Series:ITEGAM-JETIA
Online Access:https://itegam-jetia.org/journal/index.php/jetia/article/view/650
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spelling doaj-cd74537b11da47aeb981a84d48cae4b92020-11-25T01:58:28ZengInstitute of Technology and Education Galileo da AmazôniaITEGAM-JETIA2447-02282020-04-01622DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILLSourav Kumar GhoshSumon HossainHafijur RahmanNaurin ZohaMohammad Arif-Ul Islam In the competitive market of apparel manufacturing, lead time for production plays a significant role in the delivery of the produces impacting the entire supply chain. Nowadays, composite manufacturers are leaning towards delivering within the shortest possible time to retain customers in this competitive market. To meet this challenge, proper production planning either using the correct method or the appropriate tools is a prerequisite condition; otherwise, mills will inevitably suffer losses or fail to drain out the maximum possible profit from the produces and may also suffer from promoting more expenses rather than yielding revenues. This study deals with the development of a linear programming model in order to reduce the complexity of the scheduling problem of a Composite Textile Industry in pursuit of maximizing profit or minimizing production costs. The model is developed considering process segmentation, utilization of machines and other resources, with respect to lead time. Four different components of the lead time are derived and an excel solver is used in solving the model. https://itegam-jetia.org/journal/index.php/jetia/article/view/650
collection DOAJ
language English
format Article
sources DOAJ
author Sourav Kumar Ghosh
Sumon Hossain
Hafijur Rahman
Naurin Zoha
Mohammad Arif-Ul Islam
spellingShingle Sourav Kumar Ghosh
Sumon Hossain
Hafijur Rahman
Naurin Zoha
Mohammad Arif-Ul Islam
DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL
ITEGAM-JETIA
author_facet Sourav Kumar Ghosh
Sumon Hossain
Hafijur Rahman
Naurin Zoha
Mohammad Arif-Ul Islam
author_sort Sourav Kumar Ghosh
title DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL
title_short DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL
title_full DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL
title_fullStr DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL
title_full_unstemmed DEVELOPING A LINEAR PROGRAMMING MODEL TO MAXIMIZE PROFIT WITH MINIMIZED LEAD TIME OF A COMPOSITE TEXTILE MILL
title_sort developing a linear programming model to maximize profit with minimized lead time of a composite textile mill
publisher Institute of Technology and Education Galileo da Amazônia
series ITEGAM-JETIA
issn 2447-0228
publishDate 2020-04-01
description In the competitive market of apparel manufacturing, lead time for production plays a significant role in the delivery of the produces impacting the entire supply chain. Nowadays, composite manufacturers are leaning towards delivering within the shortest possible time to retain customers in this competitive market. To meet this challenge, proper production planning either using the correct method or the appropriate tools is a prerequisite condition; otherwise, mills will inevitably suffer losses or fail to drain out the maximum possible profit from the produces and may also suffer from promoting more expenses rather than yielding revenues. This study deals with the development of a linear programming model in order to reduce the complexity of the scheduling problem of a Composite Textile Industry in pursuit of maximizing profit or minimizing production costs. The model is developed considering process segmentation, utilization of machines and other resources, with respect to lead time. Four different components of the lead time are derived and an excel solver is used in solving the model.
url https://itegam-jetia.org/journal/index.php/jetia/article/view/650
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