LINEAR PROGRAMMING MODEL APPLICATION IN BUSINESS ENTITIES

Abstract

Success depends upon the strategies which the company is using. Linear programming is an important branch of operational research and it is a mathematical method to assist the people to carry out scientific management. GAMS is an advanced simulation and optimization modelling language and it will combine a large number of complex mathematical programming, such as linear programming LP, nonlinear programming NLP, MIP and other mixed-integer programming with the system simulation. This paper show how people can run a successful businesses whether as an individual or as a group without any stress. The work study is of complete information on how an entrepreneur can start a business by putting the necessary strategies to optimize the business. This study is based on a survey of some few selected companies in Chipata and how the y have managed to run a successful business with little or no difficult.