首页    期刊浏览 2025年02月22日 星期六
登录注册

文章基本信息

  • 标题:Linear Optimization Techniques for Product-Mix of Paints Production in Nigeria
  • 其他标题:Linear Optimization Techniques for Product-Mix of Paints Production in Nigeria
  • 作者:Adebiyi, Sulaimon Olanrewaju ; Amole, Bilqis Bolanle ; Oladimeji Soile, Ismail
  • 期刊名称:Acta Universitatis Danubius. Oeconomica
  • 印刷版ISSN:2065-0175
  • 电子版ISSN:2067-340X
  • 出版年度:2013
  • 卷号:10
  • 期号:1
  • 语种:English
  • 出版社:Danubius University
  • 摘要:Many paint producers in Nigeria do not lend themselves to flexible production process which is important for them to manage the use of resources for effective optimal production. These goals can be achieved through the application of optimization models in their resources allocation and utilisation. This research focuses on linear optimization for achieving product- mix optimization in terms of the product identification and the right quantity in paint production in Nigeria for better profit and optimum firm performance. The computational experiments in this research contains data and information on the units item costs, unit contribution margin, maximum resources capacity, individual products absorption rate and other constraints that are particular to each of the five products produced in the company employed as case study. In data analysis, linear programming model was employed with the aid LINDO 11 software to analyse the data. The result has showed that only two out of the five products under consideration are profitable. It also revealed the rate to which the company needs to reduce cost incurred on the three other products before making them profitable for production.
  • 关键词:Linear programming; LINDO; paints; optimization; operations research; models; cost
Loading...
联系我们|关于我们|网站声明
国家哲学社会科学文献中心版权所有