Application of Integer Linear Programming to an Investment Problem of a Firm in Ghana-Reference-Cited by-同舟云学术

Application of Integer Linear Programming to an Investment Problem of a Firm in Ghana

Published:2012-12 Issue: Volume:8 Page:73-81
ISSN:1663-4144
Container-title:International Journal of Engineering Research in Africa
language:
Short-container-title:JERA

Author:

Twum Stephen B.¹

Affiliation:

1. University for Development Studies

Abstract

This paper considers the application of Linear Programming (LP) to an investment decision problem of a firm in Ghana. The aim is to maximise the investment of the firm. The investment concern of the firm was first modelled as LP problem and then solved. A sensitivity analysis was subsequently performed on the model to assess its stability to slight variations of some selected parameters. This yielded a range of possibilities for the solution of the model and provided a basis for the selection of the best optimal solution.

Publisher

Trans Tech Publications, Ltd.

Link

https://www.scientific.net/JERA.8.73.pdf

Reference29 articles.

1. R. Cottle, E. Johnson, R. Wets, George B. Dantzig (1914 – 2005) Notices of the AMS 54 (3) (2007) 344 – 362.

2. F. Hillier, G.J. Lieberman, Introduction to Operations Research, McGraw Hill, New York, (2001).

3. G.B. Dantzig, Operations Research, INFORMS 50 (1) (2002) 42 – 47.

4. H.P. Williams, Model Building in Mathematical Programming, fourth ed., John Wiley & Sons, London, (1999).

5. R.B. Darst, Introduction to Linear Programming: Applications and Extensions, Marcel. Dekker, New York, (1991).

Cited by 1 articles. 订阅此论文施引文献订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献

1. Investigation of a Joint Venture-Ship between Two Firms in Ghana Using Linear Programming;Advanced Materials Research;2013-09