Title of article :
Application of linear programming techniques in production planning
Author/Authors :
Solaja, O. Department of Business Administration - College of Management Sciences - Federal University of Agriculture - Nijeria , Abiodun, J. Department of Business Administration - College of Management Sciences - Federal University of Agriculture - Nijeria , Abioro, M. Department of Business Administration - College of Management Sciences - Federal University of Agriculture - Nijeria , Ekpudu, J. Department of Business Administration - College of Management Sciences - Federal University of Agriculture - Nijeria , Olasubulumi, O. Department of Business Administration - College of Management Sciences - Federal University of Agriculture - Nijeria
Pages :
9
From page :
11
To page :
19
Abstract :
Optimum utilization of limited resources in the production floor demands that the production manager makes decisions on the best allocation of limited resources. Linear programming techniques are applied in this study to a production planning problem in a feed mill producing company. The linear Programming model was formulated based on data obtained from the company operations’ diary. Data was processed with the help of Management Scientist Version 5.0. The study reveals improved profit through streamlining of the product range and cutting off the less productive products. This suggests the company may adopt the outcome of the linear programming techniques in production planning to improve monthly profit. This study has shown that linear programming techniques are powerful tools that can be of help to managers in decision making and allocation of limited resources and indicate operations and profit improvement.
Keywords :
Production , Optimization , Planning , Feed , Linear Programming
Journal title :
International Journal of Applied Operational Research
Serial Year :
2019
Record number :
2500901
Link To Document :
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