The agricultural waste management product firm Agpro has a desire to model their production process to determine the optimal profit and product mix. Agpro has 53 manufacturers and sells 53 products, of which 18 generate 85% of the profit through three basic product types. These three product types, flush valves, separators, and extractors, are specifically targeted in a mixed integer programming (MIP) optimization problem. The results indicate a potential 2.7 million dollars in profit is initially possible with an additional 60,000 dollars available by adding an additional assembly worker to the current staff. These results lead our group to recommend an expansion of sales expectations, plant production, and a review of production costs.
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Gribble, Ted; Mayer, Curt; Samuels, Scott; and Thornton, John, "Profit/Production Efficiency Study for Agpro, Inc." (1996). Engineering and Technology Management Student Projects. 1773.