Determination of the Efficient Production Plans for Al-Shaheed Public Company by Using Tatget MOTAD Model Under Risk and Uncertainty

Authors

• Saad Abd Najem Al-Abdal, Department of Economy, College of Administration and Economics, University of Baghdad, Iraq
• Ahmed Wahib Hussein, College of Administration and Economics, University of Fallujah, Iraq

Abstract

The research aims to derive the efficient industrial plans for Al – shaheed public company under risk by using Target MOTAD as a linear alternative model for the quadratic programming models. The results showed that there had been a sort of (trade- off) between risk and the expected gross margins. And if the studied company strives to get high gross margin, it should tolerate risk and vice versa. So the management of Al- Shaheed Company to be invited to apply the suitable procedures in the production process, in order to get efficient plans that improves it's performance .

DOI

10.33095/jeas.v17i63.974

Subject Area

Economics

First Page

205

Last Page

216

Recommended Citation

Al-Abdal, S. A., & Hussein, A. W. (2011). Determination of the Efficient Production Plans for Al-Shaheed Public Company by Using Tatget MOTAD Model Under Risk and Uncertainty. Journal of Economics and Administrative Sciences, 17(63), 205-216. https://doi.org/10.33095/jeas.v17i63.974