A multi-objective optimization tool for the Malawian tea industry with sustainability considerations
Prof B Sebitosi
Prof A Groenwold
Corporate social responsibility (CSR) is fast becoming imperative for corporate governance in industry and business worldwide and is assuming an increasing role in the general discourse on globalization and sustainable development. The major challenge, however, is that there are currently no standardised modalities by which it should be achieved nor a yardstick by which compliance can be graded. A tool to support this objective has been proposed, designed and empirically tested on a case study of three tea companies in Malawi. The results obtained show that the tool is a viable alternative to solve multi-objective optimization problems in the tea industry.