In: Statistics and Probability
Discuss how your organization could use an operations management linear programming application to solve a problem or improve a business process.
solution:
Optimization model is very useful, and it can help in the organization in to help various area to handle problems affecting business operations. In organization, linear programming can be used to identify the better ways to increase the revenues and reduces avoidable operational cost. It helps the businesses to determine solution necessary for the business problem affecting the operations, define problem that may change the ultimate result and help to know a response that delivers the results they seek. In the production planning, Linear programming methods are normally helpful at solving problems related to production. My organization for example which produces more than one type of products can use linear programming methods to calculate how much of each product to produce to maximize its profits. linear programming methods can also use to determine the appropriate time to hire new or more team members into the department. It can also be used to anticipate times of increased demand for available workers..