The mathematical model for making decision to sell the rubber latex to reach the highest return in economics Researchers Raviwan Akarapatima Subongkoch Subhadhirasakun Montira Tangsangasaksri Advisor Mr. Sorachai Saelim Mrs. Suphannee Nawasitpaisan
The mathematical model for making decision to sell
the rubber latex to reach the highest return in economics
Researchers Raviwan AkarapatimaSubongkoch SubhadhirasakunMontira Tangsangasaksri
Advisor Mr. Sorachai Saelim
Mrs. Suphannee Nawasitpaisan
IntroductionIntroduction
IntroductionIntroduction
ObjectiveObjective
This project attempts to develop mathematical model in order to help make decisions among selling rubber latex, raw rubber sheet, and rubber scraps with maximum revenue.
ExperimentsExperiments
1. Produce a rubber sheet
2. Make a questionnaires
3. Analyze data from questionnaires
4. Analyze the lever of contentment
1. Producing a rubber sheet1. Producing a rubber sheet
Prepare formic acid’s concentration
Find Dry Rubber Content (DRC)
Find Total Solid Content (TSC)
Produce a rubber sheet
Finding Dry Rubber Content Finding Dry Rubber Content (DRC)(DRC)
Spin the rubber latex in order to remove an ammonia
Pipette rubber latex 20 mL, weight
Drop Formic acid 90% w/v, wait until it hard
Weight and find % DRC
Wash out the acid and bake at 60 0C for 6 hours
(Total Solid Content; TSC)
Finding Total Solid Content (TSC)Finding Total Solid Content (TSC)
Spin the rubber latex in order to remove an ammonia
Pipette rubber latex 20 mL, weight
Weight and find % DRC
Bake at 60 0C for 6 hours
Producing a rubber sheetProducing a rubber sheet
Mix rubber latex 6 mL and water 4 mL togetherin the vessel
Pipette Formic acid 1.50% 0.78 mL into the vessel
wait until it hard for 30 minutes
Wash hard rubber, weight, observe and note a result
Bake the rubber at 60°C
Do all experiments again, change formic acid’s concentration 1.50%, 1.75%, 2.00%,
2.25%, 2.50%, 2.75% and 3.00% respectively
Producing a rubber sheetProducing a rubber sheet
2. 2. Making a questionnairesMaking a questionnaires
Part 1Part 1 Individual informationIndividual information such as sex, age, etc.such as sex, age, etc.
Part 2Part 2 The level of contentment of selling raw The level of contentment of selling raw rubber sheet, rubber latex and rubber scraps testrubber sheet, rubber latex and rubber scraps test
Part 2.1 Evaluate from generality
Part 2.2 Evaluate from some conditions
Part of the QuestionnairePart of the Questionnaire
Part of the QuestionnairePart of the Questionnaire
Part of the QuestionnairePart of the Questionnaire
3. Analyze data from the questionnaire3. Analyze data from the questionnaire
Analyze frequencies from the questionnaire
Create Regression equation
CreatingCreating Regression EquationsRegression Equations
Analyze data with Regressing from SPSS program
Make and test Hypothesis
Find the coefficients of each variable
Create Regression Equations
Making and testing hypothesisMaking and testing hypothesis
1. Making Null Hypothesis and Alternative Hypothesis
H0 : Null Hypothesis and
H1 : Alternative Hypothesis
2. Hypothesis Testing
Sig reject H0Sig > accept H0
Finding the coefficients of each variable
Use Coefficients table from SPSS program
Creating Regression EquationsCreating Regression Equations
Find y intercept
Put the coefficients in front of xn
Make an equations like = a+a1x1+a2x2+a3x3+…+anxny
Creating Regression EquationsCreating Regression Equations
4. Analyze the level of contentment4. Analyze the level of contentment
Analyze the mean of each item of the questionnaire
Substitute x with mean in the equations
Compare the level of contentment in chart form
ResultsResults
Table 1 Dry Rubber Content (DRC )
41.6734.1647.5300.84918.0670.097
After bakedBefore bakedDRC (%)
Weight (g)
ResultsResults
Table 2 Total Solid Content (TSC)
41.7770.7287.5700.07018.1230.324
After bakedBefore bakedTRC (%)
Weight (g)
ResultsResults
2.00%1.75%1.50%
Producing rubber sheet
2.50%
2.75%2.25%
3.00%
ResultsResults
ResultsResults
fedcbay 042.0216.0252.0105.0205.0136.0158.0ˆ 1.1
fedcbay 111.0177.0161.0192.0151.0185.074.0ˆ 2.1
fedcbay 123.0186.0224.0191.0141.0112.0161.0ˆ 3.1
1.1. Let the producing time be constant.Let the producing time be constant.
1.1. Let the producing time be constant.Let the producing time be constant.
a is convenience.
From the equation
b is price.
c is payment.
d is quality of product.
e is asset.
f is amount of Para latex.
ResultsResults
2. Let the price of selling product be constant.2. Let the price of selling product be constant.
fedcbay 260.0345.060.0148.0156.077.0332.0ˆ 1.2
fedcbay 71.0162.0238.0065.0241.0196.061.0ˆ 2.2
fedcbay 132.0259.0077.0013.0075.0398.085.0ˆ 3.2
a is convenience.
From the equation
b is time of production.
c is payment.
d is quality of product.
e is asset.
f is amount of Para latex.
2. Let the price of selling product be constant.2. Let the price of selling product be constant.
ResultsResults3.3. Let the convenience of product transportation Let the convenience of product transportation
be constant.be constant.
fedcbay 086.0200.0096.0115.0241.0273.062.0ˆ 1.3
fedcbay 169.0188.0185.0109.0200.0156.01.0ˆ 2.3
fedcbay 056.0220.0192.0075.0204.0257.019.0ˆ 3.3
a is price.
From the equation
b is time of production.
c is payment.
d is quality of product.
e is asset.
f is amount of Para latex.
3.3. Let the convenience of product transportation Let the convenience of product transportation
be constant.be constant.
ResultsResults
4.4. Let the occupational factors are the same.Let the occupational factors are the same.
gfedcbay 192.0080.0156.0062.0061.0089.0262.0324.0ˆ 1.4
gfedcbay 139.0174.0152.0161.080.0153.0149.0016.0ˆ 2.4
gfedcbay 170.007.0198.0166.0111.0170.0076.0166.0ˆ 3.4
a is convenience.
From the equation
b is price.
c is time of production.
e is quality of product.
f is asset.
g is amount of Para latex.
d is payment.
4.4. Let the occupational factors are the same.Let the occupational factors are the same.
ResultsResults
5.5. Let a number of garden are constant.Let a number of garden are constant.
gfedcbay 177.0122.0163.0092.0098.0159.0188.021.0ˆ 2.5
gfedcbay 120.0126.0072.0312.0014.0199.0156.021.0ˆ 3.5
gfedcbay 430.0080.0249.0234.0044.0132.0200.059.0ˆ 1.5
a is convenience.
From the equation
b is price.
c is time of production.
e is quality of product.
f is asset.
g is amount of Para latex.
d is payment.
5.5. Let a number of garden are constant.Let a number of garden are constant.
ResultsResults
6.16.1 Let Para latex in rainy season is constant.Let Para latex in rainy season is constant.
fedcbay 099.0143.0175.0214.0181.0180.031.0ˆ 1.1.6
fedcbay 048.0244.0170.0323.0092.0047.0223.0ˆ 2.1.6
fedcbay 067.0195.0163.0177.0188.0208.0048.0ˆ 3.1.6
a is price.
From the equation
b is convenience.
c is investment.
d is amount of Para latex.
e is production.
f is that It’s not an optional to sell other products.
6.16.1 Let Para latex in rainy season is constant.Let Para latex in rainy season is constant.
ResultsResults
fedcbay 093.0061.0020.0352.0309.0124.0058.0ˆ 2.2.6
fedcbay 106.0212.0157.0176.0197.0137.0036.0ˆ 1.2.6
fedcbay 061.0161.0203.0206.0144.0215.0009.0ˆ 3.2.6
6.26.2 Let Para latex in winter is constant.Let Para latex in winter is constant.
a is price.
From the equation
b is convenience.
c is investment.
d is amount of Para latex.
e is production.
f is that It’s not an optional to sell other products.
6.2 Let Para latex in winter is constant.6.2 Let Para latex in winter is constant.
ResultsResults
fedcbay 079.0250.0208.0121.0194.0123.0063.0ˆ 1.3.6
fedcbay 134.0147.0188.0195.0172.0163.0008.0ˆ 3.3.6
fedcbay 094.0153.0226.0159.0170.0191.0008.0ˆ 2.3.6
6.36.3 Let Para latex in summer is constant.Let Para latex in summer is constant.
a is price.
From the equation
b is convenience.
c is investment.
d is amount of Para latex.
e is production.
f is that It’s not an optional to sell other products.
6.36.3 Let Para latex in summer is constant.Let Para latex in summer is constant.
แผนภมแทงแสดงคาความพงพอใจ(1)
3.646 3.734 3.554
0.0000.5001.0001.5002.0002.5003.0003.5004.0004.5005.000
ยางแผนดบ ยางกนถวย นำำายางสด
คาความพงพอใจ
Analyzed DataAnalyzed Data1.1. Let the producing time be constant.Let the producing time be constant.
แผนภมแทงแสดงคาความพงพอใจ(2)
7.611
5.448
4.310
0.000
2.000
4.000
6.000
8.000
10.000
12.000
ยางแผนดบ ยางกนถวย นำำายางสด
) คาความพงพอใจ
Analyzed DataAnalyzed Data2. Let the price of selling product be constant.2. Let the price of selling product be constant.
แผนภมแทงแสดงคาความพงพอใจ(3)
6.332
2.898 3.323
0.000
1.0002.000
3.000
4.0005.000
6.000
7.0008.000
9.000
ยางแผนดบ ยางกนถวย นำำายางสด
คาความพงพอใจ
Analyzed DataAnalyzed Data3.3. Let the convenience of product transportation be constant.Let the convenience of product transportation be constant.
แผนภมแทงแสดงคาความพงพอใจ(4)
3.486
4.948
3.022
0.000
1.000
2.000
3.000
4.000
5.000
6.000
7.000
ยางแผนดบ ยางกนถวย นำำายางสด
คาความพงพอใจ
Analyzed DataAnalyzed Data4.4. Let the occupational factors are the same.Let the occupational factors are the same.
แผนภมแทงแสดงคาความพงพอใจ(5)
5.574
3.360 3.354
0.000
1.000
2.000
3.000
4.000
5.000
6.000
7.000
ยางแผนดบ ยางกนถวย นำำายางสด
) คาความพงพอใจ
Analyzed DataAnalyzed Data5.5. Let a number of garden are constant.Let a number of garden are constant.
แผนภมแทงแสดงคาความพงพอใจ(6.1)
3.494 3.0382.743
0.000
0.5001.000
1.500
2.0002.500
3.000
3.5004.000
4.500
ยางแผนดบ ยางกนถวย นำำายางสด
คาความพงพอใจ
Analyzed DataAnalyzed Data6.16.1 Let Para latex in rainy season is constant.Let Para latex in rainy season is constant.
แผนภมแทงแสดงคาความพงพอใจ(6.2)
3.494 3.436 3.094
0.000
0.5001.000
1.500
2.0002.500
3.000
3.5004.000
4.500
ยางแผนดบ ยางกนถวย นำำายางสด
คาความพงพอใจ
Analyzed DataAnalyzed Data6.26.2 Let Para latex in winter is constant.Let Para latex in winter is constant.
แผนภมแทงแสดงคาความพงพอใจ(6.3)
3.41254717 3.3550754723.078811321
0
0.51
1.5
22.5
3
3.54
4.5
ยางแผนดบ ยางกนถวย นำำายางสด
คาความพงพอใจ
Analyzed DataAnalyzed Data6.36.3 Let Para latex in summer is constant.Let Para latex in summer is constant.
ConclusionConclusion
From the data, we can make 6 sets of equation which they are different in each constant factors that mentions in above.
SuggestionSuggestion
From the column charts of satisfaction, mostly of the gardeners of sample group are satisfy to sell “rubber sheets”.
SuggestionSuggestion
These sets of equation can be apply in many places that have been planted Para trees ,but the equations may be chanced because their satisfactions are different.
(The way to make the equations are follow in above.)
AcknowledgementAcknowledgement
• Department of chemistry, Mahidol Wittayanusorn School
• Mr. Sorachai Saelim• Mrs. Supannee Navasittipisan
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กรงเทพฯ: โรงพมพแหงจฬาลงกรณมหาวทยาลย, 2548.สวนยางพารา [Online]. Available HTTP: http://chaosuan.com/modules.php?op=เสาวนย กอวฒกลรงษ. 2547. การผลตยางธรรมชาต. คณะวทยาศาสตรและเทคโนโลย
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