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MODERN METHODS OF MAXIMIZING THE PROFIT OF A COMPANY THROUGH EFFECTIVE USE OF LIMITED RESOURCES


PAULA VOICU 1, BEATRICE MANOLE 2
1University Politehnica of Bucharest, 313, Splaiul IndependenĆŁei, 6 sector, Bucharest, 060042, Romania
2Essex University, European Studies and Modern Languages, Great Britain

Issue:

JESR, Number 4, Volume XIX

Section:

Issue No.4 - Volume 19(2013)

Abstract:

The multitude of concrete economic systems and the multitude of their leadership problems have created a variety of economico-mathematical representations called models. Their variety is determined mainly by the structure of the analyzed "object" for research purposes and the available information. This paper shows a manner to increase the economic efficiency in the economic activity sectors by organizing material resources, financial and labor force in order to be able to get the best results. The study is made from two points of view: the program without restrictions and program with restrictions.

Keywords:

linear programming, programs without restrictions, programs with restrictions.

Code [ID]:

JESR201304V19S01A0012 [0003893]

Full paper:

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