Turkish Journal of Computer and Mathematics Education
Journal license

Journal

Turkish Journal of Computer and Mathematics Education


Volume
& Issue

Volume 12, Issue 3


Published
on

April 5, 2021


Pages

5460-5467


DOI

Article

Profit Maximization of Magdalena Dairy Raisers Association's Dairy Products in Magdalena, Laguna


Authors

Rolan J. Malvar* Affiliation:
Chief, Extension Management Office, Office of the Vice President for Research, Extension, and Development, Assistant Professor, Department of Mathematics and Statistics, College of Science, Polytechnic University of the Philippines – Sta. Mesa, Manila
, Joshua I. Jao Affiliation:
Polytechnic University of the Philippines – Sta. Mesa, Manila
, Exequiel Lencer T. Llobrera Affiliation:
Polytechnic University of the Philippines – Sta. Mesa, Manila
and Marjorie B. Torres Affiliation:
Polytechnic University of the Philippines – Sta. Mesa, Manila


Abstract

This research demonstrates the use of linear programming in maximizing the profit. It applies the concept of simplex method; a method in linear programming to solve industrial problems that aims to maximize the profit. The Magdalena Dairy Raisers Association specializes in production of dairy products. Three different varieties of dairy products were observed. The data was simulated using MATLAB; a fourth-generation programming language and numerical analysis environment that creates data visualization and user interfaces (UI), calculates matrices, and develops and runs algorithms. The results show that using the Linear Programming Model, we obtain the total revenue of each dairy product with an increase of 108.17% for Fresh Milk, 12.10% for Choco Milk, and 35.95% for Milk O Jel from their previous revenue. As a result, we achieved our goal to maximize the net profit with a total increase of 151.16%.


Keywords

Linear Programming, Simplex Method, MATLAB, MADRA


Citation

Malvar, R. J., Jao, J. I., Llobrera, E. L. T., & Torres, M. B. (2021). Profit maximization of magdalena dairy raisers association's dairy products in magdalena, laguna. Turkish Journal of Computer and Mathematics Education, 12(3), 5460–5467.

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