Unleashing the flavor: strategies for maximizing profits in fish meatball (bakso ikan) ventures

Chelsea, Chelsea and Vania, Natasya Kurniawan and Jayanti, Jayanti and Cindy, Yulinda and Stiffany, Tedy (2024) Unleashing the flavor: strategies for maximizing profits in fish meatball (bakso ikan) ventures. Researcher Academy Innovation Data Analysis (RAIDA), 1 (1): 2. pp. 7-13. ISSN 3063-1092

[thumbnail of 3063-1092_1_1_2024-2.pdf] Text
3063-1092_1_1_2024-2.pdf - Published Version
Available under License Creative Commons Attribution Share Alike.

Download (683kB)

Abstract

This study focuses on optimizing the profit of selling fish balls and fish ball crackers through linear programming. Specifically, it targets aiding Ahan Fish Ball business in understanding the calculation to attain maximum benefits by determining the precise formula for production planning. Utilizing the simplex method within linear programming, the study aims to provide Ahan Fish Ball with an optimal solution by maximizing the objective function within a set of constraints. Data sourced from one-day observations of Ahan Fish Ball in Pontianak reveals three best-selling variants: plain fish ball, salted egg fish ball, and bitter melon stuffed fish ball. Through linear program solver, the optimal calculation suggests producing 1.95 or 2 salted egg fish balls per day to achieve maximum profit. This research offers insights into enhancing profitability for Ahan Fish Ball by leveraging linear programming techniques to determine the optimal production mix among their top-selling menu items.

Item Type: Article
Uncontrolled Keywords: Profit, Optimization, Simplex method, Fish meatballs, Income, Production methods
Subjects: Economics and Business > Domestic Commerce, Marketing, & Economics
Depositing User: Hestianna Nurcahyani
Date Deposited: 19 Oct 2024 08:41
Last Modified: 19 Oct 2024 08:41
URI: https://karya.brin.go.id/id/eprint/49803

Actions (login required)

View Item
View Item