Profit Optimization with Linear Programming Simplex Method in MSMEs
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Authors
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Antoni
Department of Management Universitas Widya Dharma Pontianak, Pontianak, Indonesia
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Hansen Reynoldtan
Department of Management Universitas Widya Dharma Pontianak, Pontianak, Indonesia
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Hansen Wijaya
Department of Management Universitas Widya Dharma Pontianak, Pontianak, Indonesia
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Juan Trinardi
Department of Management Universitas Widya Dharma Pontianak, Pontianak, Indonesia
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Wilieam Vincent
Department of Management Universitas Widya Dharma Pontianak, Pontianak, Indonesia
DOI:
Keywords:
Linear Programming, Simplex Method, Profit Optimization, MSMSe, Canteen BusinessAbstract
This study explores the application of linear programming (LP) using the Simplex Method to optimize profit in the Chandra Canteen, a well-established canteen located in Pontianak, Indonesia, operating for over a decade. The focus is on two popular products, dry noodles and soup noodles, which significantly contribute to the canteen's revenue. The research adopts a quantitative approach, utilizing data on these products to develop a mathematical model that aims to maximize profit. Linear programming, a method used to find the optimal solution by either maximizing or minimizing an objective function within a set of constraints, is applied. The study successfully demonstrates that the optimization of the canteen's operations through this method results in a maximum profit of IDR 70,000. The findings highlight the effectiveness of LP in enhancing business performance in small and medium-sized enterprises (MSMEs) in the food service sector.
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Copyright (c) 2024 Antoni, Hansen Reynoldtan, Hansen Wijaya, Juan Trinardi, Wilieam Vincent (Author)
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Researcher Academy Innovation Data Analysis (RAIDA) © 2024 by Inovasi Analisis Data is licensed under CC BY-SA 4.0
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