These decisions are optimized for two objectives: profit margin and customer satisfaction.
In RFM, multi-objective management plans were more efficient than single-objective profit-oriented plans.
Clearly the objective is profit, not a rigorous and nuanced education that will benefit students in the long run.
A mixed integer linear programming (MILP) approach is developed with the underlying objective of profit maximization.
We develop an optimization model under oligopolistic competition considering green preferences and subsidies, with the objective of profit maximization for the manufacturers.
For the simulation study we did not presume current management presettings as stipulated by the national forestry programme for Germany [26], but selected three sustainable management schemes [27 30] that pursue different objectives: The management objective is profit maximization.
Chunhua et al. (2012) made the benefit/risk/emission comprehensive generation optimization model with objective of profit maximization and bidding risk and emissions minimization according to the coordinated interaction between generating companies' outputs and electricity market prices.
Improved agricultural technology adoption has the potential to deepen the market share of agricultural output through which the smallholder farmers' resource use and output diversification decisions could be guided increasingly by their objective of profit maximization.
A mathematical optimization model with the objective of profit maximization is proposed which jointly optimizes and determines (1) the sequence of components to be disassembled and the assignment of disassembly tasks to workstations and (2) the allocation of buffers in order to provide a disassembly line design which has the maximum profit and satisfies the desired cycle time.
Most CEOs run organizations whose objective is profit; we run nonprofits whose purpose is to advance knowledge.
Are you running the equivalent of a slave labor plantation, eking out everything you can from your golden handcuffed workers, in order to produce, produce, produce -- with the only objective being profit -- or are you creating a thriving, enterprising industry, knowing that well-managed, healthy, happy, appreciated staff are going to give you the best long-term returns? .
