By Anthony Woollacott at October 22 2018 11:41:19
Linear Programming, mathematical and operations-research technique, used in administrative and economic planning to maximize the linear functions of a large number of variables, subject to certain constraints. The development of high-speed electronic computers and data-processing techniques has brought about many recent advances in linear programming, and the technique is now widely used in industrial and military operations. Linear programming is basically used to find a set of values, chosen from a prescribed set of numbers, that will maximize or minimize a given polynomial form and this is illustrated by the finished; the manufacturer knows that as many articles as are produced can be sold.
Multiple inputs to the process exist : Some of them would be competition, lifecycle stage of the market, brand image, budget, etc... ; Complex decisions are made : There are many possible ways to achieve the process objectives (reach planned sales, leverage brand image, etc...) ; Each decision implies different levels of risk and potential benefits : It is the responsibility of the worker to choose the best one (low price strategy, aggressive advertising campaign, etc...) ; There are three main characteristics that make knowledge processes different from highly structured processes: Focus is on communication instead of automation.
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This method seems to be the inefficient method as the chances or the profits to rise at the higher level often degrades. The marketing costs and the net returns tend to decrease that prevents the consumers from earning accountable outputs in time. Further, the latest and modern rice milling units make use of more efficient technology that hep them yield a large net return and the calculated costs become better for the large quantity of paddy. Roughly, we can say that capacity utilization using the modern methods is approximately 70% in comparison to the conventional methods used (approx. 45%). Rice is the staple food and is one of the man source among all the food grains.