Case
Arif Iqbal Rana
INDUSTRY : Textile
AREA : Quantitative Methods
ORGANIZATION : Habib Jute
LENGTH : 7
LUMS No : 06-205-94-1
PUBLICATION YEAR : 1994
KEYWORDS:
Habib Jute,Production Mix Problem,Quantitative Methods,Textilve,Linear Programming,Spinning,Weaving,Jute,Data
DESCRIPTION:
The case deals with developing a linear programming model to determine the optimal product mix for a mill involved with the spinning and weaving of jute products. The case can be used to introduce linear constraints, interpret LP output, as well as generate a discussion for the appropriate use of linear programming in the face of unavailability of accurate data.
LEARNING OBJECTIVES:
This case can be taught in a first year MBA course in Quantitative methods. It will be best utilized if taught after having introduced LP and simple modelling. The case will test the students ability to develop slightly advanced models as well as run a software package.
SUBJECTS COVERED:
Quantitative Methods