Linear Programming is a problem-solving approach that has been developed to help managers to make decisions. Linear Programming is a mathematical technique for determining the optimum allocation of resources and obtaining a particular objective when there are alternative uses of the resources, money, manpower, material, machines, and other facilities. THE NATURE OF LINEAR PROGRAMMING PROBLEM …
Illustration 2.2Model: Issue of both shares and debentures underwritten by one underwriter Veer Ltd. issued 5,000 equity shares of 100 each and 5,000 10% debentures of 100 each. The debentures were issued at a discount of 8%. The whole of the issue was underwritten by M/s Durai & Co. for a commission of 2.5% on …
Principles of Quality Management
The Employees’ Provident Fund (EPF) is a social security scheme in India that is managed by the Employees’ Provident Fund Organization (EPFO), which is under the Ministry of Labour and Employment, Government of India. EPF is applicable to organizations with 20 or more employees and certain other specified establishments. It is aimed at providing financial …
