Considering the significant waste of industrial energy, effective use of low temperature waste heat is extremely important. In this study, a heat pump cycle with double effect and double stage was realized, which escalates the hot water temperature from $50^{\circ}C$ to $70^{\circ}C$ using $160^{\circ}C$ high temperature heat source and $17^{\circ}C$ low temperature heat source. The steam generated in the first generator condenses in the first condenser generating steam in the second generator. The steam condenses in the second condenser and is provided to the second evaporator. Part of the water out of the second evaporator is supplied to the first evaporator, which evaporates using low temperature waste heat. The evaporated steam enters the first absorber and the second evaporator. The steam out of the second evaporator is absorbed into the solution at the second absorber. The hot water temperature is raised in the second condenser and in the second absorber. Proper flow rates and UA values, which satisfied temperature lift $20^{\circ}C$ and COP 1.6, were deduced through trior and error. The COP increases as the temperature of the high temperature water increases, hot water temperature decreases and flow rate increases, waste water temperature and flow rate increases, solution circulation rate decreases. On the other hand, the temperature rise of the hot water increases as the temperature of the high temperature water increases, hot water temperature increases and flow rate decreases, waste water temperature and flow rate increases, solution circulation rate increases. In addition, the COP and hot water temperature rise increase as UAs of the heat exchangers increase.