Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

The role of operational decision-making in industrial business and its optimization using a modified linear model (case study: a factory producing metal sheets used in the automotive industry)

Document Type : Original Article

Authors
iman kheirkhah 1
Hasan RanjiAghbolagh 2
1 Ms. in Industrial Engineering, Hidaj branch, Islamic Azad University, Hidaj, Iran
2 Ms. in Industrial Engineering, Hidaj branch, Islamic Azad University, Hidaj, Iran.
Abstract
The following article shows how to help a linear optimization mathematical model for operational decision-making, as well as its understanding in neoclassical business theory, existing theories in industries, resource-based perspective or other operational management approaches. The existing mathematical model relies on cost-based activities to calculate the cost of each product and dynamic activity basis to evaluate the feasibility of prospective production plans. The case studied is a company that produces metal profiles and pipes with different alloys (steel, steel, iron, etc.) and is currently using it to optimize its business plan.
Keywords
Business optimization
cost reduction
planning
operational decision making

Subjects