NCREASING ECONOMIC PERFORMANCES USING OPTIMIZATION

The present paper aimed to evaluate an agricultural holding, based on technical and economic analyzes for the period 2015-2019, whose resources and activities related to the last year were optimized. The optimization led to the improvement of the overall economic performance by the rational allocati...

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Bibliographic Details
Main Author: Daniela-Elena ȘURCĂ
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2021-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.21_1/Art85.pdf
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Summary:The present paper aimed to evaluate an agricultural holding, based on technical and economic analyzes for the period 2015-2019, whose resources and activities related to the last year were optimized. The optimization led to the improvement of the overall economic performance by the rational allocation of resources and the establishment of the crop structure in order to obtain large yields. The optimization process was accomplished by using a mathematical model of linear programming consisting of variables, constants, constraints and objective function. The modelling and simulation of the real system, by using the simplex algorithm, led to the identification of suitable solutions and implicitly obtaining a maximum effect with a minimum effort (high incomes with minimal expenses).
ISSN:2284-7995
2285-3952