In this study, a typical shopping mall business was modeled as linear programming problem which was solved with the aid of computer software - LINGO. The results revealed that the supermarket operations can be optimized by enhancing her business functions, by minimizing the functions’ costs, which eventually lead to profit maximization. Specifically it was observed, from the analysis, that among other costs, the following costs are very critical and can never be zero, no matter what; dating stock cost, management reporting cost, cash sales cost, ordering and delivery cost.
Minimizing Shopping Mall Business Functions’ Costs for Profit Maximization using Mathematical Programing Model
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