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Symposium: Automation and Application of Computers in Dairy and Food Industries¹

Linear Programming for Profit Maximization

School of Business Administration, Georgia State College, Atlanta

ABSTRACT

The subject of this paper is the future use of computerized linear programming to increase profits in the dairy industry.

Generally speaking, linear programming is a fairly recent mathematical method for handling many simple relationships simultaneously. It can be performed by hand in several ways, but the arduous detailed calculations of the customary situation are best done with a computer.

One job the computer can do very well is to consider simultaneously, as no human brain can, hundreds of interrelated circumstances, none of which may be very complicated, and produce the best answer aimed toward either the highest possible profit or the lowest possible cost situation, all within the maze of interrelated circumstances. Linear programming produces facts and figures that no accounting system can.

The oil refining industry does the same thing the dairy industry does, taking basic raw materials, processing them through co-used and shared equipment, and producing many different products.

¹ Presented at the Sixty-second Annual Meeting of the American Dairy Science Association, Cornell University, Ithaca, New York, June 28, 1967.