Economists primarily apply Linear Programming for resource allocation, production planning, transportation and supply chain optimization, and portfolio optimization. Linear programming optimizes business objective (like maximizing profit or minimizing cost) by allocating limited resources subject to operational constraints. In business economics, linear programming drives efficiency across Indian industries, Agriculture, Manufacturing, Retail, Services. In business management now a days, in practice, Software tools are also used to solve these models for input output analysis for increasing productivity and follow a step-by-step mathematical formulation of LP model in a firm for high return. In economic theory, the focus is on to Learn how the dual problem and shadow prices (imputed values for scarce resources) work. The objective of this article is to study application of linear programming in Economics, Business Economics and Business Management to solve problem of allocation of resources to achieve goal sale, growth, revenue, profit maximisation. Keywords: Allocation, Efficiency, Linear, Maximization, Minimization, Profit, Programming etc.
Journals come in both print and online editions. You can submit your articles by any one of the following three methods: 1. You can send the full papers/articles directly to our gmail id: [email protected] (Or) 2.Register/Login to Submit/Browse Journal & Events Listings with full control (Or) 3. Submit papers/articles without registration by clicking here.
For any assistance, please call/whatsapp us over our mobile numbers: +919245777148 / +919486068813
- Journals
- Journals
- International Journals
- Management - Commerce - Accountancy - Economics - Public Administration - Politics - Law And Allied Journals
- THE INTERNATIONAL MANAGER / ISSN: 2348-9413 (Online); 2348-9405 (Print)
- LINEAR PROGRAMMING APPLICATION IN BUSINESS MANAGEMENT IN ECONOMY (Pages 01-16) by Suhasini Parashar in THE INTERNATIONAL MANAGER / ISSN: 2348-9413 (Online); 2348-9405 (Print)
LINEAR PROGRAMMING APPLICATION IN BUSINESS MANAGEMENT IN ECONOMY (Pages 01-16) by Suhasini Parashar in THE INTERNATIONAL MANAGER / ISSN: 2348-9413 (Online); 2348-9405 (Print)
SP
Suhasini Parashar
Updated
Journals
Please Login
To view the complete details of the Journal, please login.
Publication Year
Author Name
Editor reviews
1 reviews
Reviewed by the Editorial Board
Overall rating
4.6
Expertise
4.0
Relevancy
5.0
Presentation
5.0
Fulfills all criteria
User reviews
Careful reviews from the author's end
Overall rating
4.7
Expertise
4.0
Relevancy
5.0
Presentation
5.0
Expecting the maximum possible honest reviews form the readers
Choose Category
- Events and Conferences
-
Journals
- Journals (1746)
- Indian Journals (263)
- International Journals (1483)
- Science Journals (0)
- Language - Literature - Linguistics And Allied Journals (664)
- Management - Commerce - Accountancy - Economics - Public Administration - Politics - Law And Allied Journals (411)
- ELT - Education - Psychology And Allied Journals (406)
- Interdisciplinary Journals (0)
- Medical Journals (0)
- Maths Journals (0)
- Engineering And Technology Journals (1)
- Multidisciplinary Journals (0)
- Journals (1746)
Choose Archives
