Vol2 Paper 24

posted Aug 27, 2018, 2:01 AM by Yaseen Raouf Mohammed   [ updated Sep 4, 2018, 2:23 AM ]
 FINDING THE REVENUE AVERAGE BY USING LINEAR PROGRAMMING PROBLEMS (CASE STUDY OF TAQ TAQ BLOCK FACTORY).


 Maher A. Nawkhass

 Department of Business Administration, College of Administrative and Financial Science, Cihan University, Hawler, Iraq.

 ABSTRACT
The research aims to find average revenue diagnostics of Taq Taq Block Factory by using Linear Programming Problems (LPP), the research depends on formulating technique to change the problem to mathematical formula then solve to the formula by simplex method and by find the average of two objective functions by new formula. This is achieved to find optimal profit of the company through out two different times, before and after Economic Crisis (Appendix I). Then a comparison of the two different times and its average revenue will show in table (III). The conclusion will be focus on the differential profit and average revenue, before and after crisis.


 Keywords:
MOLPP; SOLPP; Simplex Method; Optimization.



 REFERENCES
[1] Balogun, O. S., Jolayemi, E. T., Akingbade, T. J., Muazu, H. G.[2012], ”Use Of Linear Programming For Optimal Production In A Production Line In Coca –Cola Bottling Company”. Ilorin IJERA. vol.2, p.5.
[2] Mlshra, S., [2012]” Operation Research”. Available at http://www.scribd.com/doc/ 100903589/Operation Research, (21). Accessed on May 17, 2017.
[3] Sharma, S., [1988],”Operation Research”, Kedar Nath Ram Nath BCO. Meerut, India. p. 60, 559.
[4] Yahya, W., M. Garba, A. Adeyosoye, S. Ige. [2012]”Profit Maximization In A Product Mix Company Using Linear Programming”. European Journal of Business and Management, vol. 4 p.17.


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