Applications of Linear Programming: A Case Study in Cottage Industry
Applications of Linear Programming: A Case Study in Cottage Industry
Author(s): Muhammad Shakoor, Ali Aftab, Ullah Nekmat, Khan Noor Zeb, Javed FarhanSubject(s): Business Economy / Management, ICT Information and Communications Technologies
Published by: ASERS Publishing
Keywords: application of linear programming; mathematical modeling; optimization;
Summary/Abstract: Cottage industries are in limelight both in urban and rural areas of Pakistan.The handmade shawls and hats are in demand from within the country and outside world. Cottage goods have added its share to the export of the nation in the recent time despite the challenges the wearing sector faces in the present time. From many writings it could be deduced that the area has still a room for improvement if the prevailing production situation is improved. In this connection, publication in apparel sector could not only resuscitate the financial system but also attract many to this side. Dresses connected with different culture, rituals and sites could also boast the business on foreign stage, which is an additional stride. The purpose of this paper is to make suitable changes in the consumption of the available resources in order to make them more significant and to make more prot out of the given available resources.
Journal: Journal of Mathematical Economics and Finance
- Issue Year: VI/2020
- Issue No: 2(11)
- Page Range: 23-37
- Page Count: 15
- Language: English
- Content File-PDF