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.
Operations Management; International Business; Linear Programming; Spread Sheet Application
Croatia, Medium, 2003
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