Automate Budget Planning Using Linear Programming

Select the projects that maximize the return on investment, follow the management guidelines while respecting budget constraints

Budget Planning Problem with Linear Programming — (Image by Author)

Objective

Automate the decision-making process for the yearly budget allocation of an International Logistics Company.

Introduction

In the Logistics industry, companies often need to invest in IT capabilities, modern handling equipment or additional warehouse space to improve the efficiency of their operations.

Regional Operational Directors receive budget applications from their local teams …

budget business data science logistics programming python supply-chain-management