Analysis Of Cost Optimization Of Port Operations (a Linear Programming Approach)

ABSTRACT It is very fundamental that man’s main aim of venturing into businesses of all kinds is to make profit. Though profit tends to grow with time, a better planning, analysis and implementation strategy can in a least expected manner bring efficiency, stability and the much needed profit. The maritime sector of the Nigerian economy is one that has a lot of resources that are been utilized in the course of its day to day operations. The resources engaged in this sector ranges from human, to finance and technological know-how. This research study is therefore determined to optimize the cost…