Optimal Distribution of Production Tasks in a Concern

The problem of the optimal distribution of production tasks within a large business entity (a concern, a corporation) is discussed in this paper. The fundamental aim is to determine such a distribution of production tasks that minimizes total production costs. For this purpose the author proposes an...

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Main Author: Grzesiak Stefan
Format: Article
Language:English
Published: Sciendo 2017-06-01
Series:Folia Oeconomica Stetinensia
Subjects:
Online Access:https://doi.org/10.1515/foli-2017-0012
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author Grzesiak Stefan
author_facet Grzesiak Stefan
author_sort Grzesiak Stefan
collection DOAJ
description The problem of the optimal distribution of production tasks within a large business entity (a concern, a corporation) is discussed in this paper. The fundamental aim is to determine such a distribution of production tasks that minimizes total production costs. For this purpose the author proposes an approach that takes into account Lagrange multipliers. The author formulates the conditions for the application of such an approach and the option of its possible application in practice.
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spelling doaj.art-a05f54e95912439fa12cc31971494eab2022-12-21T18:46:50ZengSciendoFolia Oeconomica Stetinensia1898-01982017-06-0117115115810.1515/foli-2017-0012foli-2017-0012Optimal Distribution of Production Tasks in a ConcernGrzesiak Stefan0University of Szczecin Faculty of Economics and Management Department of Operations Research and Applied Mathematics in Economics Mickiewicza 64, 71-101 Szczecin, PolandThe problem of the optimal distribution of production tasks within a large business entity (a concern, a corporation) is discussed in this paper. The fundamental aim is to determine such a distribution of production tasks that minimizes total production costs. For this purpose the author proposes an approach that takes into account Lagrange multipliers. The author formulates the conditions for the application of such an approach and the option of its possible application in practice.https://doi.org/10.1515/foli-2017-0012production distributionmethod of lagrange multiplierscost minimization
spellingShingle Grzesiak Stefan
Optimal Distribution of Production Tasks in a Concern
Folia Oeconomica Stetinensia
production distribution
method of lagrange multipliers
cost minimization
title Optimal Distribution of Production Tasks in a Concern
title_full Optimal Distribution of Production Tasks in a Concern
title_fullStr Optimal Distribution of Production Tasks in a Concern
title_full_unstemmed Optimal Distribution of Production Tasks in a Concern
title_short Optimal Distribution of Production Tasks in a Concern
title_sort optimal distribution of production tasks in a concern
topic production distribution
method of lagrange multipliers
cost minimization
url https://doi.org/10.1515/foli-2017-0012
work_keys_str_mv AT grzesiakstefan optimaldistributionofproductiontasksinaconcern