Weighted linear goal programming approach for maximising profit in industry
Master of Science in Engineering Mathematics
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Universiti Malaysia Perlis (UniMAP)
2017
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my.unimap-766752022-11-02T00:35:26Z Weighted linear goal programming approach for maximising profit in industry Moath (Mohd Khair), Alluwaici Ahmad Kadri, Junoh, Dr. Linear programming Mathematical models Master of Science in Engineering Mathematics Nowadays, in the competitive world of marketing and globalization optimizing the budgetary planning process is an essential criterion that is considered by industries in order to produce high quality products while maximizing the profit. The role of mathematical modeling is significant for examining the decision-making process to obtain an optimal possible alternative solution to a particular problem in the production planning process. Among the major production planning process problems is to maximize the profit by producing products with minimum cost. In this study, two formulations of Linear Programming (LP) and Weighted Goal Programming (WGP) models were developed to optimize and to simulate the profit of Al-Wedyan Company Food Ltd. The proposed models are developed through the use LINGO software and based on the real data gained from the aforementioned industry. The sensitivity test analysis was carried to compare the performances for both models results. Throughout the results, the WGP produced the highest profit followed by the LP. 2017 2022-11-02T00:35:26Z 2022-11-02T00:35:26Z Dissertation http://dspace.unimap.edu.my:80/xmlui/handle/123456789/76675 en Universiti Malaysia Perlis (UniMAP) Universiti Malaysia Perlis (UniMAP) Institute of Engineering Mathematics |
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Linear programming Mathematical models |
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Linear programming Mathematical models Moath (Mohd Khair), Alluwaici Weighted linear goal programming approach for maximising profit in industry |
description |
Master of Science in Engineering Mathematics |
author2 |
Ahmad Kadri, Junoh, Dr. |
author_facet |
Ahmad Kadri, Junoh, Dr. Moath (Mohd Khair), Alluwaici |
format |
Dissertation |
author |
Moath (Mohd Khair), Alluwaici |
author_sort |
Moath (Mohd Khair), Alluwaici |
title |
Weighted linear goal programming approach for maximising profit in industry |
title_short |
Weighted linear goal programming approach for maximising profit in industry |
title_full |
Weighted linear goal programming approach for maximising profit in industry |
title_fullStr |
Weighted linear goal programming approach for maximising profit in industry |
title_full_unstemmed |
Weighted linear goal programming approach for maximising profit in industry |
title_sort |
weighted linear goal programming approach for maximising profit in industry |
publisher |
Universiti Malaysia Perlis (UniMAP) |
publishDate |
2017 |
url |
http://dspace.unimap.edu.my:80/xmlui/handle/123456789/76675 |
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1751537936953769984 |
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13.222552 |