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Minimization and Maximization Problems

Business Mathematics Unit 03 Linear Programming

Linear Programming (LP) is a mathematical technique used to optimize a linear objective function,...

Updated 2 months ago by Admin

Simplex Method

Business Mathematics Unit 03 Linear Programming

Introduction to the Simplex Method The Simplex Method is one of the most widely used algorithms f...

Updated 2 months ago by Admin

Graphical Method

Business Mathematics Unit 03 Linear Programming

The Graphical Method is a visual approach to solving linear programming problems involving two de...

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Formulation of LPP

Business Mathematics Unit 03 Linear Programming

What is Problem Formulation in Linear Programming? Linear Programming Problem Formulation refers ...

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Introduction to Linear Programming

Business Mathematics Unit 03 Linear Programming

What is Linear Programming? Linear Programming (LP) is a mathematical technique used to achieve t...

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Restricted Assignment Problems

Business Mathematics Unit 05 Assignment Problem

A Restricted Assignment Problem is a variation of the classic assignment problem in which certain...

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Hungarian Method

Business Mathematics Unit 05 Assignment Problem

The Hungarian Method is an efficient algorithm used to solve the assignment problem, where the go...

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Introduction to Assignment Problem

Business Mathematics Unit 05 Assignment Problem

The Assignment Problem is a key concept in operations research and management science that involv...

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Test for Optimality MODI Method

Business Mathematics Unit 04 Transportation Problem

The MODI (Modified Distribution) Method, also known as the UV method, is used to check the optima...

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Unbalanced Transportation Problem

Business Mathematics Unit 04 Transportation Problem

An unbalanced transportation problem occurs when the total supply is not equal to the total deman...

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Introduction to Transportation Problem

Business Mathematics Unit 04 Transportation Problem

The transportation problem is a type of optimization problem in operations research where the obj...

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Maxima and Minima

Business Mathematics Unit 06 Differentiation and Applications

Maxima and minima are critical points in the study of differentiation, where a function reaches i...

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Second Order Derivatives

Business Mathematics Unit 06 Differentiation and Applications

Second-order derivatives provide information about the curvature or concavity of a function, indi...

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Differentiation of Composite Functions

Business Mathematics Unit 06 Differentiation and Applications

Differentiation of composite functions is achieved using the Chain Rule, which allows you to diff...

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Types of Accounting Standards

Financial Accounting Unit 01 Introduction to Accounting

Accounting Standards are authoritative standards for financial reporting and form the primary sou...

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Process of Accounting Transactions

Financial Accounting Unit 01 Introduction to Accounting

The accounting cycle is an essential, standardized process that follows eight steps to track, rec...

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Systems of Accounting

Financial Accounting Unit 01 Introduction to Accounting

There are two main systems of accounting used to record business transactions. These are the Sing...

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Double Column Cash Book

Financial Accounting Unit 03 Subsidiary Books

The Double Column Cash Book is an extension of the single column cash book, with an additional co...

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Single Column Cash Book

Financial Accounting Unit 03 Subsidiary Books

The Single Column Cash Book is a basic type of cash book used to record all cash transactions of ...

Updated 2 months ago by Admin

Cash Book

Financial Accounting Unit 03 Subsidiary Books

A Cash Book is a financial record used to track all cash-related transactions of a business. It r...

Updated 2 months ago by Admin