On an Alternative Model for the Optimal Production Planning Problem

Select Volume / Issue:

• Volume 11,Issue 2, Mar. 2023

Year:

2023

Type of Publication:

Article

Keywords:

Baseline, Evaluation, Duality, Resource, Optimization, Production Planning, Profit

Authors:

A. Shapiro

Journal:

IJISM

Volume:

11

Number:

2

Pages:

40-48

Month:

March

ISSN:

2347-9051

Abstract:

The paper considers an alternative economic hypothesis in relation to the one used in the optimal production planning model. Relevantthe conditions have a transparent economic meaning: the estimate of the total cost of resources for the production of a unit of a product should not exceed the price of this product. The results obtained are identical to known theorems of duality theory. The proofs given are of an elementary nature, only the simplest properties of the inequalities are used. Ways to increase the optimal amount of profit are considered. Specific standards for resource costs are indicated, with a decrease in which the optimal amount of profit can increase.

Full text: IJISM_992_FINAL.pdf [Bibtex]