Weighted linear goal programming approach for maximising profit in industry

Master of Science in Engineering Mathematics

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Bibliographic Details
Main Author: Moath (Mohd Khair), Alluwaici
Other Authors: Ahmad Kadri, Junoh, Dr.
Format: Dissertation
Language:English
Published: Universiti Malaysia Perlis (UniMAP) 2017
Subjects:
Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/76675
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spelling 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
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Linear programming
Mathematical models
spellingShingle 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
_version_ 1751537936953769984
score 13.214268