International Journal of Mathematics Trends and Technology
Volume 66 | Issue 8 | Year 2020 | Article Id. IJMTT-V66I8P506 | DOI : https://doi.org/10.14445/22315373/IJMTT-V66I8P506
The purpose of this study focused on identifying and verifying an effective and reliable dimension of plastic products for minimize the material cost. As the costs of manufacturing product decrease, the way that consumers interact with producers may change. To specify the best optimal dimension, two criteria’s, that has been done using numerical and graphical techniques, were in order to compare and contracts the cost of material. During estimation of non-linear system of equations MATLAB (R2015a) software are used. In many instances, the cost of producing a product using traditional methods exceeds that of mathematical optimization methods. The material cost difference between mathematical optimization and traditional method was presented graphically.
[1] ADB (African Development Bank), Regional Synthesis Report (2014) East Africa’s manufacturing sector, promoting technology, innovation, productivity and linkages. 50 years servicing Africa (1964-2014).
[2] BAYRAM, M., 2005: Determination of the sphericity of granular food materials. Journal of Food Engineering 3, 385–390.
[3] Central Statistical Agency (CSA), Ethiopia, various issues. Survey on Large and Medium Scale Manufacturing Industries.
[4] Central Statistical Agency(CSA), Ethiopia – Statistical Abstract – 2013/2014, Addis Ababa, March 2015
[5] DAB Development Research and training PLC, Ethiopian Manufacturing survey analysis, 2014 , Addis Ababa
[6] JAMES C. ROBINSON, 2004. Introduction to Ordinary Differential Equations. Cambridge University Press, New York.
[7] John H. Mathews and Kurtis K. Fink, 2004. Numerical Methods Using MATLAB. Prentice-Hall Inc., New Jersey.
[8] Mulu Gebreeyesus, Industrial policy and development in Ethiopia Evolution and present experimentation,
[9] Ministry of Industry, Summary Feasibility Studies for Selected Sub sectors,2018
[10] Ministry of Finance and Economic Development (MOFED), Growth and Transformation Plan (GTP) Annual Progress Report for F.Y 2012/2013, Addis Ababa, February 2014
[11] Ministry of Finance and Economic Development (MOFED), Growth and Transformation Plan (GTP) Annual Progress Report for F.Y 2012/2013, Addis Ababa, February 2014
[12] Tekeba Eshetie, Ethiopia’s Manufacturing Industry Opportunities, Challenges and Way Forward (A Sectoral Overview), Crimson Publishers, 2018
[13] The Embassy of Japan in Ethiopia, A Series of Studies on Industries in Ethiopia, 2008
[14] UNDP, Case study of Growing Manufacturing Industry in Ethiopia
[15] UNECA, 2016. Transformative Industrial Policy, United Nations Economic Commission for Africa, Addis Ababa.
[16] UNECA, 2015. Industrializing through trade, Economic Report on Africa, United Nations Economic Commission for Africa, Addis Ababa
Muluken Admasu, Ashager Adane, "Finding the Dimension which Minimize Material Cost of Some Industrial Plastic Products in Ethiopia," International Journal of Mathematics Trends and Technology (IJMTT), vol. 66, no. 8, pp. 46-59, 2020. Crossref, https://doi.org/10.14445/22315373/IJMTT-V66I8P506
PDF 
Abstract 
Keywords 
References 
Citation