Production Planning at Viktor Lenac Shipyard
An executive wonders if it is possible to increase profits by changing the mix of products at a shipyard. The yard currently operates below the breakeven point, so must increase profitability or it will default on loan payments. The case presents a problem in linear programming where the objective is to maximize profits subject to resource constraints and demand for the firm's output.
Croatia, Medium, 2003
$4.25 CAD / $4.25 USD Printed Copy
$3.75 CAD / $3.75 USD Permissions
$3.75 CAD / $3.75 USD Digital Download