COMPUTER APPLICATION OF THE SIMPLEX METHOD IN SOLVING OPTIMIZATION PROBLEM FOR PRODUCTION Cover Image

Kompjuterska primena simpleks metode u rešavanju problema optimizacije proizvodnje
COMPUTER APPLICATION OF THE SIMPLEX METHOD IN SOLVING OPTIMIZATION PROBLEM FOR PRODUCTION

Author(s): Đorđe Ilić, Jugoslav Radulović, Bratislav Mikarić
Subject(s): Economy
Published by: Visoka škola za poslovnu ekonomiju i preduzetništvo
Keywords: decision making; simplex method; business production system; profit; computer application

Summary/Abstract: The commercial success in business and production systems is measured with numerous of different parameters. One oft he parameters is the profit on the basis of which the success is measured (as the basis of progress) and the development of the organization. This study used simplex method, by using application programmes, within the organization of "Prva petoletka",in Trstenik, so as to optimize the production of four products - which is a subject to obtaining the maximum profit.

  • Issue Year: 3/2015
  • Issue No: 1
  • Page Range: 51-55
  • Page Count: 6
  • Language: Serbian