Maximizing Profit In Multi-Products Company Using Linear Programming Approach (A Case Study Of Pz Cussons Plc, Aba Branch)

CHARLES OGECHI | 45 pages (8337 words) | Projects
Statistics | Co Authors: KALU

ABSTRACT

The main objective of this work is to examine the ways multi-product companies maximize their profit, a case study of PZ CUSSONS PLC, Aba branch. Six samples soap produced by the company and common in the market which includes Joy, Imperial, Canpon, Premier, Zip and Dove were selected. The time required for each of the samples to be produced by nine machines was taken per week in minutes. Also, profit made from each of the products was collected, Then simplex method of linear programming was applied in the analysis. At the end of the analysis, Joy and Canon were observed to be the optimal products which the company should produce at a specific range in other to maximize profit. The optimal products for profit maximization to be achieved were determined as follows: 10,000 units of Joy and 11,000 units of Canon soap. The products give a profit of N733,000.00 per week; N2,934,000.00 and N35, 184000.00 per year, if all conditions remain the same. Thus we can adopt the use of simplex method for profit maximization as has been properly demonstrated in this work.

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APA

CHARLES, O (2021). Maximizing Profit In Multi-Products Company Using Linear Programming Approach (A Case Study Of Pz Cussons Plc, Aba Branch). Repository.mouau.edu.ng: Retrieved Mar 29, 2024, from https://repository.mouau.edu.ng/work/view/maximizing-profit-in-multi-products-company-using-linear-programming-approach-a-case-study-of-pz-cussons-plc-aba-branch-7-2

MLA 8th

OGECHI, CHARLES. "Maximizing Profit In Multi-Products Company Using Linear Programming Approach (A Case Study Of Pz Cussons Plc, Aba Branch)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 23 Nov. 2021, https://repository.mouau.edu.ng/work/view/maximizing-profit-in-multi-products-company-using-linear-programming-approach-a-case-study-of-pz-cussons-plc-aba-branch-7-2. Accessed 29 Mar. 2024.

MLA7

OGECHI, CHARLES. "Maximizing Profit In Multi-Products Company Using Linear Programming Approach (A Case Study Of Pz Cussons Plc, Aba Branch)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 23 Nov. 2021. Web. 29 Mar. 2024. < https://repository.mouau.edu.ng/work/view/maximizing-profit-in-multi-products-company-using-linear-programming-approach-a-case-study-of-pz-cussons-plc-aba-branch-7-2 >.

Chicago

OGECHI, CHARLES. "Maximizing Profit In Multi-Products Company Using Linear Programming Approach (A Case Study Of Pz Cussons Plc, Aba Branch)" Repository.mouau.edu.ng (2021). Accessed 29 Mar. 2024. https://repository.mouau.edu.ng/work/view/maximizing-profit-in-multi-products-company-using-linear-programming-approach-a-case-study-of-pz-cussons-plc-aba-branch-7-2

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