Journal Economic Business Innovation
Vol. 1 No. 1 (2024): April

Maximizing Culinary Business Profit with the POM-QM Simplex Method

Fredy (Unknown)
Kevin (Unknown)
Limba Jaya, Sartito (Unknown)
Angie, Supenatus (Unknown)
Ramayani, Nadia (Unknown)
Effendy, Dudy (Unknown)



Article Info

Publish Date
28 May 2024

Abstract

Optimizing profit in Micro, Small, and Medium Enterprises (MSMEs) poses a common challenge for owners, particularly in the culinary sector. This study explores the potential application of the simplex method to maximize profits in "Martabak Pak Amir," a Martabak business. Utilizing POM-QM software, the research identifies key variables influencing Martabak business profits, including production costs, selling prices, production time, and profits from three Martabak variants. The simplex method, a linear programming problem-solving approach, iteratively develops solutions to achieve optimal outcomes. Data collected from observations and interviews with Martabak Pak Amir over a two-week period are utilized. The enterprise offers three Martabak variants: chocolate, pandan, and cheese. Through linear programming and simplex method analysis, the optimal calculation reveals that producing the pandan variant three times yields a maximum profit of Rp 8,100,000 monthly, with total monthly sales of Rp 4,764,000 or 397 portions of pandan Martabak sold per month.

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Journal Info

Abbrev

JEBI

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Journal Economic Business Innovation (JEBI) accepts papers/articles in the field of Economics Business Multidisciplinary Innovation as follows: 1. Accounting Innovation Financial Accounting Management Accounting and Information Systems Public Accounting Auditing Islamic Accounting Banking Tax ...