On the use of linear programming model approach in profit optimization of a product mix company

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dc.contributor.authorGarba Mohammed Kabir
dc.contributor.authorBanjoko Alabi Waheed
dc.contributor.authorYahya Waheed Babatunde
dc.contributor.authorGatta Nusirat Funmilayo
dc.date.accessioned2026-04-29T15:54:05Z
dc.date.available2026-04-29T15:54:05Z
dc.date.issued2020-10-15
dc.descriptionNil
dc.description.abstractThis study employed the utilization of a slack starting solution approach of the Simplex Optimization method to build a Linear Programming (LP) model. Data were extracted from the record unit for an item blend fabricating industry, Fortunate Bakery, Ilorin, Nigeria. The information was collected on four noteworthy sorts of bread produced by the bakery which includes; Special Delight (SD), Ordinary Slice Bread (OSB), Ordinary Gala (OG) and Saloon (S) regarding their unit costs and selling prices, the raw materials utilized and the amount of each of the crude materials held in stock every day. In view of the data supplied, a linear programming problem was developed with the goal of maximizing the daily profit of the organization. The optimal daily profit that would be achievable to the organization in the item blend was resolved utilizing the methodology specified earlier. The results showed that the organization would achieve ideal daily profit level of ₦ 9,500 (or monthly profit level of ₦285,000) if she concentrates on the production of type alone is given to the unit offers of Saloon bread and disregard other lines of items produced by the company. By this, aggregate daily offers of about 380 (or monthly offers of about 11,400) units of Saloon bread would be sold by the organization. The data analyses were carried out USING Tora software package
dc.description.sponsorshipNil
dc.identifier.citationGarba, M. K., Banjoko, A. W., Yahya, W. B. & Gatta, N. F. (2020). On the use of linear programming model approach in profit optimization of a product mix company. Islamic University Multidisciplinary Journal (IUMJ), Uganda, 7(2), 299-305.
dc.identifier.issnISSN 2409-0263
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/123456789/17818
dc.language.isoen
dc.publisherIslamic University Multidisciplinary Journal (IUMJ), Islamic University in Uganda
dc.relation.ispartofseries7; 2
dc.subjectObjective Function
dc.subjectProduct Mix
dc.subjectConstraints
dc.subjectLP
dc.subjectSlack Variable
dc.subjectTora
dc.titleOn the use of linear programming model approach in profit optimization of a product mix company
dc.typeArticle

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