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Models for optimal capacity utilization in the pharmaceutical enterprise

Author

Listed:
  • Nevena Gospodinova

    (University of Economics, Varna, Bulgaria)

Abstract

The aim of this paper is to examine some opportunities for optimizing the capacity utilization in the modern pharmaceutical enterprise using the methods of linear programming. The author constructs mathematical models for optimal organization of the production program among the working centers in the enterprise, which are interchangeable (not interchangeable). The optimality criteria set in the models are: maximizing profit, minimizing costs, minimizing the working time of available technological equipment. The practical significance of the constructed linear models is related to the increase of the capacity utilization rate, detection of redundant working time and improvement of some techno-economic indicators.

Suggested Citation

  • Nevena Gospodinova, 2018. "Models for optimal capacity utilization in the pharmaceutical enterprise," Economics and computer science, Publishing house "Knowledge and business" Varna, issue 1, pages 71-79.
    • Handle: RePEc:kab:journl:y:2018:i:1:p:71-79
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    File URL: http://eknigibg.net/Volume4/Issue1/spisanie-br1-2018_pp.71-79.pdf
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    References listed on IDEAS

    as
    1. Miroslava Ivanova, 2014. "Soving Problems of Linear Algebra and Linear Programming Using MS Excel," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 20-29, January.
    2. Silvia Blagoeva, 2010. "Improving The Organization Of Production – A Factor For Raising Efficiency In Industrial Enterprises," Business & Management Compass, University of Economics Varna, issue 4, pages 57-66.
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