This paper propose a new mathematical modelling method about optimum operational schedule for cogeneration systems. Proposed algorithm solving the energy product cost function in this paper is very similar to the real model that is, proposed algorithm solve nonlinear type of real model using mixed integer programming based on the piecewise linear function while the conventional algorithms used before could not solve that kind of problems. The effectiveness of the proposed method is ascertained by the simulation results with varius case studies which are similar to real operation circumstances.