OPERATIONS RESEARCH PROJECT“ MEGAMART GARMENT STORE ”
( MAXIMIZATION OF PROFIT )
CREATED BY:
SAUMYA MEHROTRA - 08030121007DIPALI ANIL SHELAR - 08030121063
NEHA ASHOK DEO - 08030121069PRIYANKA KOTHARI - 08030121081
INTRODUCTION OBJECTIVE: Maximization of profit on sale of
garments for Mega mart Garment Store using Vogel’s approximation method of transportation.
A survey of Mega mart Garment Store was conducted to record what all items of clothing are sold in the store and what brands are supplying to the store. Then the owner of the store was interviewed in order to collect data such as how much profit the store makes on sale of an item of clothing of one particular brand, the maximum number of garments that a supplier supplies and the demand for a particular item of clothing.
D1 D2 D3 D4 D5
T-Shirt Jeans Blazer Full Shirt Skirt Availability
S1 Levis 1550 850 750 1500 1560 180
S2 Lee Cooper 1525 750 850 1460 1550 150
S3 GAP 1600 1000 950 1570 1600 50
S4 Killer 1500 950 250 1450 1570 100
S5 Guess 1575 750 0 1570 1500 60
Demand 150 100 20 90 80
COST MATRIX
CALCULATION
INFERENCE Minimized cost: Z = Rs 5,57,900Maximum Profit: Z = Rs 2,12,100
From the data and solution, we can conclude that if the store owner of Mega mart follows the allocation pattern, and sells the specified number of each type of garment of a particular brand, then his profit will be maximized and he will make the profit of Rs 2,12,100.