PRACTICAL IMPLEMENTATION OF THE SIMPLEX METHOD EFFICIENT MATERIALS MANAGEMENT AND PROFITABILITY OF DOMESTIC INDUSTRIAL ENTERPRISES

Abstract

The article considers the variant of practical application of the simplex method in linear programming problems, define the best use of a set of interrelated material resources of the enterprise under the linear constraints for maximum profit. A variant of the efficient inventory management and production using the simplex method, implemented planning required intensity of production required inventory levels that maximized profit from the sale of products with effective maneuvering of material resources for subsequent periods of operation of the business. The article proposes a way of solving problems arising in the General theory of inventory management for maximum profit and efficient balance between performance and resources imposed constraints were expressed as linear equalities and inequalities.