Application Of Linear Programming Technique To Maximize Profit Through Allocation Of Land To Crops (A Case Study Of Abia Liberation Farms)

ESIABA GOSPEL CHIMEREMEZE | 61 pages (14327 words) | Projects

ABSTRACT


Linear programming (LP) technique is relevant in optimization of resource allocation and

achieving efficiency in production planning particularly in achieving increased agricultural

productivity. In this study a Linear programming technique is applied to determine the optimum

land allocation to five crops in three different farms of Abia liberation farms in Abia state in

order to maximize profit using agriculture data, with respect to various factors (capital allocation

to labour, fertilizer, pesticides, seeds/tuber purchase, as well as usable hectares of land), for the

2013 farming season. The proposed LP model was solved by two phase simplex algorithm.

Results indicated that resources were not optimally allocated and after optimization, of which out

of the fifteen production enterprises, made up of five crops (cassava,yam, plantain, sweet

potatoes and maize)grown in three different farms (Umuahia,Aba and Ohafia) five were not

recommended by the model. The resultfurther indicated that gross margins could be increased as

it prescribed an optimal profit of N6,648,766.28K as against N3,843,000.00K (an increase of

73.01%). This study recommends that policies of government that would help farmers at all

levels to get access to enough fund in order to secure a steady labour supply should be enacted as

this will help improve agricultural productivity for agriculture to key in to its expectations as the

proxy redeemer of the nation's economy.

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APA

ESIABA, C (2021). Application Of Linear Programming Technique To Maximize Profit Through Allocation Of Land To Crops (A Case Study Of Abia Liberation Farms). Repository.mouau.edu.ng: Retrieved Nov 22, 2024, from https://repository.mouau.edu.ng/work/view/application-of-linear-programming-technique-to-maximize-profit-through-allocation-of-land-to-crops-a-case-study-of-abia-liberation-farms-7-2

MLA 8th

CHIMEREMEZE, ESIABA. "Application Of Linear Programming Technique To Maximize Profit Through Allocation Of Land To Crops (A Case Study Of Abia Liberation Farms)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 10 Jun. 2021, https://repository.mouau.edu.ng/work/view/application-of-linear-programming-technique-to-maximize-profit-through-allocation-of-land-to-crops-a-case-study-of-abia-liberation-farms-7-2. Accessed 22 Nov. 2024.

MLA7

CHIMEREMEZE, ESIABA. "Application Of Linear Programming Technique To Maximize Profit Through Allocation Of Land To Crops (A Case Study Of Abia Liberation Farms)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 10 Jun. 2021. Web. 22 Nov. 2024. < https://repository.mouau.edu.ng/work/view/application-of-linear-programming-technique-to-maximize-profit-through-allocation-of-land-to-crops-a-case-study-of-abia-liberation-farms-7-2 >.

Chicago

CHIMEREMEZE, ESIABA. "Application Of Linear Programming Technique To Maximize Profit Through Allocation Of Land To Crops (A Case Study Of Abia Liberation Farms)" Repository.mouau.edu.ng (2021). Accessed 22 Nov. 2024. https://repository.mouau.edu.ng/work/view/application-of-linear-programming-technique-to-maximize-profit-through-allocation-of-land-to-crops-a-case-study-of-abia-liberation-farms-7-2

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