Production Optimisation as a Decision Making Basis Cover Image

Optimizacija proizvodnje kao podloga odlučivanju
Production Optimisation as a Decision Making Basis

Author(s): Dominika Crnjac Milić, Martina Crnjac
Subject(s): Economy, Business Economy / Management, Human Resources in Economy, Business Ethics
Published by: Sveučilište Josipa Jurja Strossmayera u Osijeku, Ekonomski fakultet u Osijeku
Keywords: products; resources; optimisation; matrix; inequation; vector;

Summary/Abstract: This paper provides a production analysis which can help management in the decision making process. Given that certain assumptions are correct, the mathematical interpretation of the optimal resource allocation and the income maximisation of a certain economic entity can be solved.

  • Issue Year: 23/2010
  • Issue No: 1
  • Page Range: 44-49
  • Page Count: 6
  • Language: Croatian