Case
Mahrukh Sultan, Syed Zahoor Hasan
INDUSTRY : Agriculture
AREA : Quantitative Methods
ORGANIZATION : Natural Feeds Private Limited
LENGTH : 18
LUMS No : 06-118-89-1
PUBLICATION YEAR : 1989
KEYWORDS:
Natural Feeds,Private,Limited,Quantitative Methods,Agriculture,Composition,Raw Materials,Cost,Management,Issues
DESCRIPTION:
This case about a Natural Feeds producer of various types of chicken feed, reintroduces Linear Programme (LP) formulations. The case addresses the issues involved in the use of LP for determining the optimum composition of a product to minimize the cost of raw materials. It provides an understanding of the importance of using experience and qualitative measures in conjunction with a quantitative approach such as LP. The case may be used to highlight the Management issues when a new business is started with little or no background knowledge of the area.
LEARNING OBJECTIVES:
SUBJECTS COVERED:
Quantitative Methods