THE OPTIMUM COMMODITIES COMBINATION IN THE FACTORY OF MEDICAL COTTON PRODUCTS IN BAGHDAD BY USING THE LINEAR PROGRAMMING TECHNIQUE

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28/10/2014 12:04 PM

THE OPTIMUM COMMODITIES COMBINATION IN THE FACTORY OF MEDICAL COTTON PRODUCTS IN BAGHDAD BY USING THE LINEAR PROGRAMMING TECHNIQUE


   
Redhab Al–Nasr/ Instructor Dept. of Basic Sciences - Coll. of Agric - Univ. of Baghdad
redabalnesir@yahoo.com


ABSTRACT


Despite the attention of many industrial companies in the country to guide the economic resources available to them to maximize profits, the use of these resources is not taken in accordance with the concepts of economic production, leading to variations in the actual production and the possible unit-level productivity. To try the advancement of the General Company of Cotton products, being a company which does not apply the concepts of economic production and not taken the use of economic resources used optimally, leading to variations in the output of the actual and possible, it became necessary to try to optimal allocation of economic resources available to them using the method of linear programming in order to increase production volumes and achieve the highest level possible profits because of their positive effect in the various economic, social and development, which is one of the main goals of seeking to achieve the various sectors. The research aims to optimal allocation for available resources to the company using the technique of linear programming for the year 2010 for the high levels of production and high levels of profit-maximizing the value of the objective function and increase the profitability of the company depending on the data derived from the company and conduct sensitivity analysis to see how changes in the composition of commodity optimal quantity and quality and the level of profits and in a form that fits the requirements of growth in the company. research shows a number of results among the most important: to validate the hypothesis to high standards of production and profits and optimal allocation of available resources as it increased the amount of production from 1168750 units in the plan of actual production to 5184907.5 unit in the plan are derived using the linear programming method of recording an average increase of 77.5%. Keywords: Economic Production, Sensitivity Analysis, Optimal allocation of resources, Maximization of Objective Function



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