Application of linear programming problem on cost minimization on fish feeds
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Date
2011
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Publisher
African Journal online
Abstract
This research, application of linear programming problem on cost minimization on fish feeds was aimed to minimize the cost of production of fish feeds. The data used was collected using both primary and secondary data. Linear programming problem was used to analyzed the data and the optimum solution was obtained at 5th iterations with fingerlings feeds to be 8/9 of tons and growers feeds to be 10/9 tons and the minimum cost of producing the tones of fingerlings and growers is N498, 675.60. We then recommend that any fish farmer who really wants to embark on efficient and effective fish production should use linear programming problem to determine the minimums cost of production. In other to maximizes their profits