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    Bahir Dar University College of Business and Economics Department of Management

    Uploaded by

    Eshetu Kassie
    This document summarizes an article that applied linear programming to optimize production at a university bakery in Nigeria. The objective was to determine the optimal production levels to maximize profit. Data on production costs and profits for 5 bread types were analyzed using AMPL software. The findings showed that producing more of family loaf and chocolate bread would maximize total profit, as they contributed most to the objective function. While the methodology and formulation were appropriate, limitations included relying only on secondary data and lacking theoretical/empirical reviews. The student learned that optimization techniques can help manufacturers allocate resources efficiently to minimize costs and maximize objectives like profit. Suggestions for further study included applying this approach to other manufacturing firms in Ethiopia and non-manufacturing organizations.

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    Bahir Dar University College of Business and Economics Department of Management

    Uploaded by

    Eshetu Kassie
    54 views4 pages
    This document summarizes an article that applied linear programming to optimize production at a university bakery in Nigeria. The objective was to determine the optimal production levels to maximize profit. Data on production costs and profits for 5 bread types were analyzed using AMPL software. The findings showed that producing more of family loaf and chocolate bread would maximize total profit, as they contributed most to the objective function. While the methodology and formulation were appropriate, limitations included relying only on secondary data and lacking theoretical/empirical reviews. The student learned that optimization techniques can help manufacturers allocate resources efficiently to minimize costs and maximize objectives like profit. Suggestions for further study included applying this approach to other manufacturing firms in Ethiopia and non-manufacturing organizations.

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    This document summarizes an article that applied linear programming to optimize production at a university bakery in Nigeria. The objective was to determine the optimal production levels to maximize profit. Data on production costs and profits for 5 bread types were analyzed using AMPL software. The findings showed that producing more of family loaf and chocolate bread would maximize total profit, as they contributed most to the objective function. While the methodology and formulation were appropriate, limitations included relying only on secondary data and lacking theoretical/empirical reviews. The student learned that optimization techniques can help manufacturers allocate resources efficiently to minimize costs and maximize objectives like profit. Suggestions for further study included applying this approach to other manufacturing firms in Ethiopia and non-manufacturing organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    54 views4 pages

    Bahir Dar University College of Business and Economics Department of Management

    Uploaded by

    Eshetu Kassie
    This document summarizes an article that applied linear programming to optimize production at a university bakery in Nigeria. The objective was to determine the optimal production levels to maximize profit. Data on production costs and profits for 5 bread types were analyzed using AMPL software. The findings showed that producing more of family loaf and chocolate bread would maximize total profit, as they contributed most to the objective function. While the methodology and formulation were appropriate, limitations included relying only on secondary data and lacking theoretical/empirical reviews. The student learned that optimization techniques can help manufacturers allocate resources efficiently to minimize costs and maximize objectives like profit. Suggestions for further study included applying this approach to other manufacturing firms in Ethiopia and non-manufacturing organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Bahir Dar University

    College of Business and Economics


    Department of management
    Masters of Business Administration (Regular)
    Course: Management science
    Assignment one: Article review
    Tittle: the optimization principle and its ‘application in optimizing landmark
    University, bakery production using linear programming.
    Authors: N. K Oladejo, A. Abolarinwa, S.O Salawu, A.F Lukman and H.I Bukari,
    Journal name: International Journal of Civil Engineering and Technology (IJCIET)
    Volume, issue and date of publication: Volume 10, Issue 02, And February 2019.

    By: Yohanes Getnet


    Id No.: BDU1301789

    Submitted to: Aman Abdie (Dr)


    January;

    Introduction
    In this modern day, manufacturing industries at all levels are faced with the challenges of
    producing goods of right quality, quantity and at right time and more especially at minimum cost
    and maximum profit for their survival and growth. Thus, this demands an increase in productive
    efficiency of the industry. Linear programming (LP) can be defined as a mathematical technique
    for determining the best allocation of a firm’s limited resources to achieve optimum goal. It is
    also a mathematical technique used in operation research or Management Sciences to solve
    specific problems such as allocation, transportation and assignment problems that permits a
    choice or choices between alternative courses of action.
    The article “optimization principle and its application in case of land mark university bakery
    production using linear programing” was written by N. K Oladejo, A. Abolarinwa, S.O Salawu,
    A.F Lukman and H.I Bukari. I would summarize the article objective, the central argument,
    methodology, finding, criticism and lessons learned from the article.
    Objective of the study
    The objective of the article is to investigate application of linear programming (LP) as an
    optimization principle to optimize profit of manufacturing industries such as Landmark
    University Bakery and determine the optimal solution for production and verify the output under
    normal operational environment using AMPL software.
    The mathematical framework of the article:
    The researchers’ present Linear programming as a general standard form to display all properties
    required of a linear programming problem.
     The objective function

     The leaner constraint function

     The non- negativity constraint

    Methodology:
    The article is quantitative analysis in its nature. The source of data was secondary source which
    are collected from the records of the Landmark University Bakery on five types of bread
    produced in the firm which include Family loaf, sliced family bread, Chocolate loaf, medium
    size bread, small size bread. In terms of recourse to produce each bread type, selling price, cost
    of production, and the profit contribution of each bread type. The collected data was identified as
    a linear programming problem, formulated in Mathematical terms and solved using AMPL
    software.

    Findings:
    The major findings of the analysis, it was observed that Family loaf and the Chocolate bread
    contributed objectively to the profit. The other types of bread have zero contribution for the
    objective function of the firm which is profit maximization. Allocating scares recourse to those
    bread types is unwise allocation of recourse that decreases the profit of the firm. Hence, more of
    Family loaf and Chocolate bread are needed to be produced and sold in order to maximize the
    profit.
    Strength:
     Appropriate formulation of research framework.
     All the findings are drowning from the data analysis and the entire conclusion are
    drowning from the major findings. This is one of good research criteria.
     Appropriate citation and referencing allover the paper.
    Weakness:
     The data used in the article is secondary data; there is no justification for using
    secondary data. If it is available primary data make the article confidential.
     Theoretical and empirical review, in a paper work the topic must be defined
    theoretically and empirically. But in this study there is no clear Theoretical and
    empirical review.
    Lessons learnt from the article:
    I have learnt much more things from the article. I have learnt that manufacturing firms should
    apply optimization techniques in order to allocate scares recourse to maximize profit and to
    minimize the cost of production. Linear programing is one of the most power full tool of
    optimize technique to optimize firms objective what ever it is minimization or maximization.
    Suggestions for Further Studies:
    This study focused only Landmark University bakery production. This can be extended to
    Our country Ethiopia and we can apply it on different manufacturing organizations. Further this
    research studied on manufacturing organization but what if when we apply it on merchandizing
    firms/organizations/ can be studied.

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