MIS for Human Resource Management
Human Resource Information System or HRIS manages the hr policies, processes, and people in an organization. Its powerful set of…
Read BBA, BMS, B.Com Syllabus wise Notes
Human Resource Information System or HRIS manages the hr policies, processes, and people in an organization. Its powerful set of…
Reasons for Replacement of Equipment’s: Equipment are generally considered for replacement for the following reasons: (i) Deterioration: It is the decline…
The time value of money is generally a principle within a financial theory which states that the people if given…
Advantages of Simulation Simulation offers various advantages. They have applications in every field. But this article covers the advantages of…
The simplest model is a duopoly market in which each duopolist attempts to maximise his market share. Given this goal,…
Pure strategy A pure strategy is an unconditional, defined choice that a person makes in a situation or game. For…
Queuing theory is the study of queues and the random processes that characterize them. It deals with making mathematical sense of real-life scenarios. For…
Queues happen when resources are limited. In fact, queues make economic sense; no queues would equate to costly overcapacity. Queuing…
The North-West Corner Rule is a method adopted to compute the initial feasible solution of the transportation problem. The name North-west corner…
The Vogel’s Approximation Method or VAM is an iterative procedure calculated to find out the initial feasible solution of the transportation problem. Like…