Models for optimal capacity utilization in the pharmaceutical enterprise
Nevena Gospodinova ()
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Nevena Gospodinova: University of Economics, Varna, Bulgaria
Economics and computer science, 2018, issue 1, 71-79
Abstract:
The aim of this paper is to examine some opportunities for optimizing the capacity utilization in the modern pharmaceutical enterprise using the methods of linear programming. The author constructs mathematical models for optimal organization of the production program among the working centers in the enterprise, which are interchangeable (not interchangeable). The optimality criteria set in the models are: maximizing profit, minimizing costs, minimizing the working time of available technological equipment. The practical significance of the constructed linear models is related to the increase of the capacity utilization rate, detection of redundant working time and improvement of some techno-economic indicators.
Keywords: optimization; mathematical modeling; technological equipment; pharmaceutical enterprise (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:kab:journl:y:2018:i:1:p:71-79
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