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Management decision-making for sugarcane fertilizer mix problems through goal programming
Authors:Dinesh K. Sharma  Debasis Ghosh  Julius A. Alade
Affiliation:1. Management and Accounting, University of Maryland Eastern Shore, 21853, Princess Anne, MD, USA
2. Ministry of Communication & Information Technology, Government of India, West Bengal, India
3. Department of Business, Management and Accounting, University of Maryland Eastern Shore, 21853, Princess Anne, MD, USA
Abstract:This paper presents a goal-programming (GP) model for management decision-making for sugarcane fertilizer mix problems. Sensitivity analysis on the priority structure of the goals has been performed to obtain all possible solutions. The study uses Euclidean distance function to measure distances of all possible solutions from the ideal solution. The optimum solution is determined from the minimum distance between the ideal solution and other possible solutions of the problem. The optimum solution corresponds to the appropriate priority structure of the problem in the decision-making context. Furthermore, the results obtained from sensitivity analysis on the cost of combination of fertilizers confirm the priority structure.
Keywords:
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