Let an enterprise (for example, a furniture factory) produce tables and chairs. The consumption of resources for their production and the profit from their sale are presented below: TABLES CHAIRS VOLUME RESOURCES Consumption of wood per product, m3 0,5 0,04 200 Labor consumption, person-hour 12 0,6 1800 Profit from sales units of the product, rub. […]
Tag: production
Geometric interpretation of optimization problems of linear programming
Suppose it is necessary to find the optimal plan for the production of two types of products (x1 and x2), i.e. such a plan in which the target function (total profit) would be maximum, and the available resources would be used in the best way. The task conditions are shown in the table: Type of […]
Business plan: essence, types, structure
A business plan is a document containing an economic justification for the development of an enterprise, the release of new products or the implementation of other commercial ideas. A business plan combines the features of strategic and current plans. It is drawn up when creating an enterprise or at turning points of its existence, for […]
Defensive strategies to protect competitive advantage
The main goal of the defensive strategy is to protect the competitive advantage and strengthen the position of companies Any company can become an object of attack from competitors, from both newcomers who want to enter the market, and existing players seeking to strengthen their positions. The purpose of the defensive strategy is to reduce […]