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Application of linear programming techniques in production planning
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O. Solaja   , J. Abiodun , M. Abioro , J. Ekpudu , O. Olasubulumi |
| Federal University of Agriculture Abeokuta, Nigeria |
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Abstract: (6736 Views) |
| 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. |
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| Keywords: Production, Optimization, Planning, Feed, Linear Programming |
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Full-Text [PDF 300 kb]
(3690 Downloads)
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Type of Study: Applicable |
Subject:
General
Received: 2019/03/2 | Accepted: 2019/06/15 | Published: 2019/08/26
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