A lecturer from Collage of Administration and Economics /Kerbala University has published a scientific study for Karbala University Journal, Volume 5 – Issue 1 / Scientific – March 2007
Dr. mohammed wafi Abd Eawn
Abstract:
The study included the importance of the perfect and ideal utilization of the limited resources of the economical unit. This will ensure the realization of maximum profits in order to secure the development and stability of the economical unit. The problem of the research was that the traditional manner to put the development and the stability of the economical unit. 1 lie hypothesis that says that the use of linear programming to put the production plan leads to providing relevant information was put under test. It is said that this hypothesis may help the management to specify the ideal production plan which will realize the maximum profits. A problem was surveyed in accordance with a linear programming model and then it’s solution and then explaining the optimal solution economically , later sensitivity analysis towards it. The ideal capacity was analyzed. The meaning of shadow prices were surveyed (Collectively , analytically , classificatively and economical evaluation of activity aspects). Showing the balanced level at which the marginal revenue and marginal cost are in equilibrium.