The Effective and Efficient Utilization of
Resources of Productivity using Goal
Programming

Dr . Ashok Kumar Chikine; Dr. G. Ravindra Babu; K.Neeraja

doi:https://doi.org/10.14445/22315373/IJMTT-V48P541

International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 48 | Number 5 | Year 2017 | Article Id. IJMTT-V48P541 | DOI : https://doi.org/10.14445/22315373/IJMTT-V48P541

The Effective and Efficient Utilization of Resources of Productivity using Goal Programming

Dr . Ashok Kumar Chikine, Dr. G. Ravindra Babu, K.Neeraja

Abstract

This paper presents an alternative approach by using a goal programming to determine the product-mix of the manufacturing system. The objective of this paper is to provide a methodology in order to make product-mix decision. No company would be keen to market a single product, unless it is a monopoly product. Most of the companies will be dealing with multiple products, in order to maximize the profits or minimize the total cost. The productivity is concerned with the effective and efficient utilization of resources in producing goods or services. The Linear Programming Problem applications have been developed for production scheduling, staffing, inventory control, capacity planning and produce mix decisions in business and industry. This paper will examine the test results.

Keywords

Goal Programming, Product-Mix decisions, Optimization.

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Citation :

Dr . Ashok Kumar Chikine, Dr. G. Ravindra Babu, K.Neeraja, "The Effective and Efficient Utilization of Resources of Productivity using Goal Programming," International Journal of Mathematics Trends and Technology (IJMTT), vol. 48, no. 5, pp. 276-280, 2017. Crossref, https://doi.org/10.14445/22315373/IJMTT-V48P541