1. Matrix approach to enterprice performances optimization
- Author
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Hell, Marko, Stjepan, Vidačić, Željko, Garača, and Woeginger, Gerhard
- Subjects
Programming ,Linear optimization ,Modelling ,Risk analysis and management - Abstract
The Balanced Scorecard (BSC) is a popular concept for performance measurement. The Linear programming (LP) is a methematical technique for optimization of linear objective functions. The questions is: "How to use LP for Enterprice Performances optimization(EPO)?". Answer on this question is contained in this paper. The first step is a matrix presentation of the enterprice performances. The presentation is designed accordingly to BSC concept. Thus formalized recording of enterprice performances will provide the application of LP for EPO.
- Published
- 2009