UGC Approved Journal no 63975(19)

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Published in:

Volume 10 Issue 11
November-2023
eISSN: 2349-5162

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

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Published Paper ID:
JETIR2311197


Registration ID:
527742

Page Number

b798-b803

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Title

PROFIT MAXIMIZATION STRATEGIES IN CHEMICAL FACTORIES: A LINEAR PROGRAMMING FRAMEWORK.

Abstract

This study investigates the use of linear programming (LP) techniques to improve production processes inside a chemical plant, with a special focus on the manufacture of home cleaning items such as floor cleaner, glass cleaner, and cleaning liquid. It explores the effective use of chemicals and time. To acquire results, the solver approach is employed. Using the approaches, the study indicates that producing 8 cases of floor cleaner, 10 cases of glass cleaner, and about 3.33 cases of cleaning liquid yields a profit of 51,667 rupees per day. It also discusses profit maximization strategies and the best way to use raw materials.

Key Words

Linear programming, Chemical factory, cleaning products, Efficient utilization, Solver method, Profit maximization, Raw materials.

Cite This Article

"PROFIT MAXIMIZATION STRATEGIES IN CHEMICAL FACTORIES: A LINEAR PROGRAMMING FRAMEWORK.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 11, page no.b798-b803, November-2023, Available :http://www.jetir.org/papers/JETIR2311197.pdf

ISSN


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

"PROFIT MAXIMIZATION STRATEGIES IN CHEMICAL FACTORIES: A LINEAR PROGRAMMING FRAMEWORK.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 11, page no. ppb798-b803, November-2023, Available at : http://www.jetir.org/papers/JETIR2311197.pdf

Publication Details

Published Paper ID: JETIR2311197
Registration ID: 527742
Published In: Volume 10 | Issue 11 | Year November-2023
DOI (Digital Object Identifier):
Page No: b798-b803
Country: Bangalore , karnataka , India .
Area: Management
ISSN Number: 2349-5162
Publisher: IJ Publication


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