At more or less regular intervals, the management of an industrial enterprise is confronted with the problem of planning operations for a coming period. Within this category of management problems falls not only the overall planning of the company’s aggregate production but problems of a more limited nature such as, for example, figuring the least-cost combination of raw materials for given output or the optimal transportation schedule.
KeywordsProduction Planning Maximum Profit Alcoholic Content Side Condition Concrete Problem
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