International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Simplifying Production Capacity and Workforce Planning for Firms in Ghana’s Distillery Industry: A Simplex Linear Programming Illustration

Author(s) Cherubin Yayra Kwasi Nunyuie
Country Ghana
Abstract The convoluted operational nature of the distillery industry has left production managers battling with their planning needs. Meanwhile competition in the industry is nurtured around efficient and effective production facility and workforce configurations. Using a hypothetical dataset, this paper demonstrates how firms in Ghana’s distillery industry can apply plant capacity utilization and efficiency measures, financial cost and volume analysis, and machine hour measuring techniques to plan their production configurations at optimal cost and profit levels. The paper also designs a workforce re-engineering model for firms using a Simplex Linear Programming (LP) Method. Firms are now assured of an effective strategy for decision-making on the type of production plant to install the quantity of products to produce in a particular period and the maximum cost and profit levels to produce at. In addition, firms can also determine labor-hours and overtime schedules that would be required for a particular production period accurately.
Keywords Production Capacity, Production Planning, Workforce planning, Inventory, Strategy
Field Business Administration
Published In Volume 5, Issue 2, March-April 2023
Published On 2023-04-23
Cite This Simplifying Production Capacity and Workforce Planning for Firms in Ghana’s Distillery Industry: A Simplex Linear Programming Illustration - Cherubin Yayra Kwasi Nunyuie - IJFMR Volume 5, Issue 2, March-April 2023. DOI 10.36948/ijfmr.2023.v05i02.2522
DOI https://doi.org/10.36948/ijfmr.2023.v05i02.2522
Short DOI https://doi.org/gr6h8x
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