scholarly journals OPTIMIZATION OF RESOURCES WITH THE AID OF LINEAR PROGRAMMING MODEL IN STEVE SHOE PRODUCTION CENTRE, ENUGU, NIGERIA

2018 ◽  
Vol 6 (9) ◽  
pp. 123-136
Author(s):  
Godwin Nosakhare ◽  
Monday Ojochide

This paper studied the optimization of resources with the aid of linear' programming model in Steve Shoe Production Centre (SSPC), Enugu. The Linear programming model is a complex mathematical tool used for solving managerial decision problems. From the researcher's observation, Steve Shoe Production Centre depended completely on trial and error method of decision making which often yielded suboptimal results. This gap brought about the need to amongst others demonstrate how the linear programming model developed in this study can assist SSPC Enugu to optimize its resources for effective output decisions. Review of related literature was performed. The findings show that the linear programming model developed by the researcher is workable for optimal results in Steve Shoe Production Centre, Enugu.

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
S Mohd Baki ◽  
Jack Kie Cheng

Production planning is often challenging for small medium enterprises (SMEs) company. Most of the SMEs are having difficulty in determining the optimal level of the production output which can affect their business performance. Product mix optimization is one of the main key for production planning. Many company have used linear programming model in determining the optimal combination of various products that need to be produced in order to maximize profit. Thus, this study aims for profit maximization of a SME company in Malaysia by using linear programming model. The purposes of this study are to identify the current process in the production line and to formulate a linear programming model that would suggest a viable product mix to ensure optimum profitability for the company. ABC Sdn Bhd is selected as a case study company for product mix profit maximization study. Some conclusive observations have been drawn and recommendations have been suggested. This study will provide the company and other companies, particularly in Malaysia, an exposure of linear programming method in making decisions to determine the maximum profit for different product mix.


Author(s):  
Lidiya Derbenyova

The article focuses on the problems of translation in the field of hermeneutics, understood as a methodology in the activity of an interpreter, the doctrine of the interpretation of texts, as a component of the transmission of information in a communicative aspect. The relevance of the study is caused by the special attention of modern linguistics to the under-researched issues of hermeneutics related to the problems of transmission of foreign language text semantics in translation. The process of translation in the aspect of hermeneutics is regarded as the optimum search and decision-making process, which corresponds to a specific set of functional criteria of translation, which can take many divergent forms. The translator carries out a number of specific translation activities: the choice of linguistic means and means of expression in the translation language, replacement and compensation of nonequivalent units. The search for the optimal solution itself is carried out using the “trial and error” method. The translator always acts as an interpreter. Within the boundaries of a individual utterance, it must be mentally reconstructed as conceptual situations, the mentally linguistic actions of the author, which are verbalized in this text.


1992 ◽  
Vol 43 (11) ◽  
pp. 1035-1045
Author(s):  
S O Duffuaa ◽  
J A Al-Zayer ◽  
M A Al-Marhoun ◽  
M A Al-Saleh

Author(s):  
Luis Felipe Zegarra

Abstract This study provides new estimates on welfare ratios for London, Amsterdam, Paris, Strasbourg, Munich, and Leipzig for 1600–1850. I use a linear programming model to compute the basket that minimizes the food cost subject to nutrient requirements. For a balanced nutrition, I take into consideration that people should ingest not only calories and proteins, but also fat, iron, and some basic vitamins. The results suggest that living standards in Western Europe were lower than previously thought. However, like previous studies, this article suggests that welfare ratios in London were higher than in other European cities.


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