APPLICATION OF LINEAR PROGRAMMING TECHNIQUES IN DECISION MAKING IN NIGERIAN INDUSTRIES FOR SUSTAINABILITY
APPLICATION OF LINEAR PROGRAMMING TECHNIQUES IN DECISION MAKING IN NIGERIAN INDUSTRIES FOR SUSTAINABILITY
Author(s): Happiness Ozioma Obi-Anike, Chikodili Nkiruka OkaforSubject(s): National Economy
Published by: Universitatea SPIRU HARET - Faculty of Accounting and Financial Management
Keywords: Application; Decision Making; Development; Linear Programming; Sustainability;
Summary/Abstract: This study aimed at demonstrating the efficacy of linear programming as a problem-solving and decision-making techniques in industries for sustainability in Nigeria. Related literatures were appraised on the models of sustainable development and decision making. Applications of linear programming techniques for sustainable decision making was highlighted and demonstrated. Hence, it can be proposed that linear programming technique could be an effective tool to facilitate rational decision making in Nigerian industries, for increase productivity, job creation and economic sustainability. Therefore, it is recommended in this treatise that managers and captains of industries in Nigeria adopt this tool in decision making for effective and sustainable development.
Journal: Journal of Academic Research in Economics (JARE)
- Issue Year: 11/2019
- Issue No: 3
- Page Range: 718-728
- Page Count: 11
- Language: English
- Content File-PDF