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Application of Integer Linear Programming Model
for Profit Maximization in an Organization
Aisyah Humairah Najihah Binti Nor Alias
Supervisor: Dr. Nur Aidya Hanum Binti Aizam
Bachelor of Science (Computational Mathematics)
School of Informatics and Applied Mathematics
Profit maximization is fundamental and crucial for any organization. An analytical and quantitative
method on how an organization could gain maximal profit with least cost is seldom used.
Qualitative decisions is obviously risky and time consuming with the uncertainties to be inspected.
As for the reason, this study aims to develop a mathematical model in order to reduce the risk
and the time spent to guarantee the revenue of a company risen with least possible cost of
management. Linear programming model will be formulated to solve the problem with Python
programming and Microsoft Excel. The solutions are then compared to ensure that the developed
Python program is verified to be applied in a chosen organization. The results of ideal financial
worth of resources are determined. This could be benefial for the organization to apply the model
to their management activities.
912 | UMT UNDERGRADUATE RESEARCH DAY 2018