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1 HAMS Technologies www.hams.co.in [email protected] [email protected] [email protected] HAMS Technologies Optimization: Optimization is the process of selecting best among all possible solution of given problem. Let Understand with the help of example Eg. (Simple problem) There are mango trees in any farm and it produce 100kg mango per year. There are Four Store in town which purchase these mangoes. The purchase price of each store are given below. R1 Purchase Transport Rs100 /kg T1 R2 R3 Rs120 rs/kg Rs 110 /kg T2 T3 R4 Rs 95 /kg T4 2 HAMS Technologies What is the Problem ? Where should I sell my mangoes ? Ans Max( R 1 , R2 , R, 3, R 4 ) : Now Add one more sub problem: Suppose now the transportation cost is also given in our Question. R1 Purchase Transport Cost of Transportation HAMS Technologies Rs 100 /kg T1 8000 R2 R3 R4 Rs 120 /kg Rs 110 /kg Rs 95 /kg T2 8,500 T3 T4 9000 8,500 3 New Question definition Above table include transportation cost of product supply After including this cost in our problem now we have to find the Solution for maximum profit Max( p i ti ) Now each retail store can hold only 150 kg of mango. Now where do I sell 4 HAMS Technologies Now introduce new concept of transportation , Shared Transportation with Charges of Rs 20 kg. 5 HAMS Technologies Now Govt. impose taxes on Transportation System 6 HAMS Technologies On which Media I do investment, so, will I get Best possible Result (profit) Marketing Investments Options TV Newspaper Internet 7 Other options HAMS Technologies Optimization in process 8 HAMS Technologies Get Optimize solution 9 HAMS Technologies 10 HAMS Technologies Thank you Kindly drop us a mail at below mention address for any suggestion and clarification. We like to hear from you HAMS Technologies www.hams.co.in [email protected] [email protected] [email protected] 11 HAMS Technologies