Application of Linear Programming on the Maximum-Profit of Milk Tea Store
DOI:
https://doi.org/10.54691/bcpbm.v40i.4401Keywords:
Optimization; Linear programming; Industrial cost management; Production cost.Abstract
The aim of this article is the application of the industrial profit optimization on milk tea store. The linear programming model is used to determine the optimal production structure of amount of raw material purchased. The first part optimizes only the single profit from the sales which are put into the objective function. The second section of the article extends the model by the considering factors of employee. This model will have more constraints. The model aims to meet the maximum cost of raw materials, and meet the situation that the staff will have different abilities on making tea and each tea for each person takes different time to complete. The model will be built based on real data, and then will compare the real data results with the calculated results. Conclusions of the paper demonstrate the applicability of the model and possibilities of its extensions.
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