The use of mathematical Modeling and linear programming in agribusiness

This study focuses on the theoretical analysis of the application of modeling and mathematical, particularly linear programming, in managerial processes within the agro-industrial complex. The authors have dedicated themselves specifically to defining planning processes, classifying models, and orga...

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Main Authors: Jandrić Mersida, Vico Grujica, Nedeljković Miroslav
Format: Article
Language:English
Published: Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac 2024-01-01
Series:Trendovi u Poslovanju
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Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401075J.pdf
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author Jandrić Mersida
Vico Grujica
Nedeljković Miroslav
author_facet Jandrić Mersida
Vico Grujica
Nedeljković Miroslav
author_sort Jandrić Mersida
collection DOAJ
description This study focuses on the theoretical analysis of the application of modeling and mathematical, particularly linear programming, in managerial processes within the agro-industrial complex. The authors have dedicated themselves specifically to defining planning processes, classifying models, and organizing production structures, including vertical and horizontal structures. Despite the fact that the benefits of linear programming have been proven, it is still not widely accepted and applied in our region. The reasons for this can be found in the relative complexity of the process, both in creating logical and mathematical models, and in interpreting results. Although there are specialized software and add-ons such as Solver in MS Excel, they are still not accessible enough to a wider range of users in the agro-industrial sector. It is evident that there is a need for the development of new specialized software solutions with user-friendly interfaces, which would make them more accessible, primarily to advisors, and then to agricultural producers.
format Article
id doaj-art-669a48d5cb8e4820a8613b8bf8e864f1
institution Kabale University
issn 2334-816X
2334-8356
language English
publishDate 2024-01-01
publisher Visoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, Kruševac
record_format Article
series Trendovi u Poslovanju
spelling doaj-art-669a48d5cb8e4820a8613b8bf8e864f12025-02-10T19:38:24ZengVisoka poslovna škola strukovnih studija Prof. dr Radomir Bojković, KruševacTrendovi u Poslovanju2334-816X2334-83562024-01-01121758110.5937/trendpos2401080J2334-816X2401075JThe use of mathematical Modeling and linear programming in agribusinessJandrić Mersida0https://orcid.org/0000-0002-8785-7052Vico Grujica1https://orcid.org/0000-0003-1719-7412Nedeljković Miroslav2https://orcid.org/0000-0002-7393-2146Univerzitet Bijeljina, Poljoprivredni fakultet, Bijeljina, Bosna i HercegovinaUniverzitet Istočno Sarajevo, Poljoprivredni fakultet, Istočno Sarajevo, Republika Srpska, Bosna i HercegovinaInstitut za ekonomiku poljoprivrede, Beograd, SerbiaThis study focuses on the theoretical analysis of the application of modeling and mathematical, particularly linear programming, in managerial processes within the agro-industrial complex. The authors have dedicated themselves specifically to defining planning processes, classifying models, and organizing production structures, including vertical and horizontal structures. Despite the fact that the benefits of linear programming have been proven, it is still not widely accepted and applied in our region. The reasons for this can be found in the relative complexity of the process, both in creating logical and mathematical models, and in interpreting results. Although there are specialized software and add-ons such as Solver in MS Excel, they are still not accessible enough to a wider range of users in the agro-industrial sector. It is evident that there is a need for the development of new specialized software solutions with user-friendly interfaces, which would make them more accessible, primarily to advisors, and then to agricultural producers.https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401075J.pdfmodelinglinear programmingoptimizationprofit maximizationagribusiness
spellingShingle Jandrić Mersida
Vico Grujica
Nedeljković Miroslav
The use of mathematical Modeling and linear programming in agribusiness
Trendovi u Poslovanju
modeling
linear programming
optimization
profit maximization
agribusiness
title The use of mathematical Modeling and linear programming in agribusiness
title_full The use of mathematical Modeling and linear programming in agribusiness
title_fullStr The use of mathematical Modeling and linear programming in agribusiness
title_full_unstemmed The use of mathematical Modeling and linear programming in agribusiness
title_short The use of mathematical Modeling and linear programming in agribusiness
title_sort use of mathematical modeling and linear programming in agribusiness
topic modeling
linear programming
optimization
profit maximization
agribusiness
url https://scindeks-clanci.ceon.rs/data/pdf/2334-816X/2024/2334-816X2401075J.pdf
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AT jandricmersida useofmathematicalmodelingandlinearprogramminginagribusiness
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