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This is determined by disposable personal income( personal income minus direct taxes and other deductions ). Some people suggest the use of discretionary income in place of disposable income. Discretionary income can be estimated by subtracting three items from disposable income viz.... inputed income in kind major fixed outlay payments such as mortgage debt payments insurance premium payments and rent and essential expenditure such as food and clothing and transport expenses based upon consumption in a normally year. Discretionary income can be quite an important determinant in case of consumer non durables which are luxuries.
a. Determine the following with respect to decision making approaches: (i) Group decision making (ii) Directive, analytic, conceptual and behavioral decision making styles (8
Case Study Methods: It is studying the phenomenon event situation or development through a thorough and detailed analysis or intensive study. The case may be an individual a gr
state phases of operations research and and their importance in solving problems
marginal rate of substitution, degeneracy and degenerate solution
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2
A paper mill prouduces two grads of paper viz., X and Y. Becouse of raw material restriction, it cannot product more then 400 tons of grade X paper and 300 tons of grade Y paper in
significance and scope of operation research
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cumulative discount factor
#Solve the following Linear Programming Problem using Simplex method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
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