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Simulation Using Sensitivity Analysis of a Product Production Rate Optimization Model of a Plastic Industry

Simulation Using Sensitivity Analysis of a Product Production Rate Optimization Model of a Plastic Industry
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摘要 This study analyzes the sensitivity analysis using shadow price of plastic products. This is based on a research carried out to study optimization problem of BOPLAS, a plastic industry in Maiduguri, North eastern Nigeria. Simplex method of Linear programming is employed to formulate the equations which were solved by using costenbol software. Sensitivity analysis using shadow price reveals that the price of wash hand bowls is critical to the net benefit (profit) of the company. This study analyzes the sensitivity analysis using shadow price of plastic products. This is based on a research carried out to study optimization problem of BOPLAS, a plastic industry in Maiduguri, North eastern Nigeria. Simplex method of Linear programming is employed to formulate the equations which were solved by using costenbol software. Sensitivity analysis using shadow price reveals that the price of wash hand bowls is critical to the net benefit (profit) of the company.
出处 《Open Journal of Energy Efficiency》 2013年第3期139-142,共4页 能源效率(英文)
关键词 Sensitivity Analysis SIMPLEX Method LINEAR PROGRAMMING OPTIMIZATION Sensitivity Analysis Simplex Method Linear Programming Optimization
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