OPTIMAL ADJUSTMENT OF COMPETENCE SET WITH LINEAR PROGRAMMING

Abstract

Management by objectives (MBO) is an effective way for enterprise management. By setting the targets of the productivity the companies try their best, including adjustment of resource allocation and competence, to reach the targets. Within the same framework of productivity and of resources the targets may not be attainable. However, by stretching a little bit, human capacity, resources, the production coefficients, and other relevant parameters may be adjusted so as to make the target feasible. In this article, we formulate the program into linear programming model and study how to optimally adjust the relevant coefficients so that the target solution could be attainable. In case the target is unattainable, we may either utilize the bisection method or the fuzzy linear programming techniques to revise the target as to make it a reachable one.