PPT-Theory of profit Prof. Saptarshi Chakraborty

Taradevi Harakh Chand Kankaria Jain College Cossipore Kolkata 700002 Nature of profits Profit is a reward of the entrepreneur rather of the entrepreneurial functions Profit differs from the return on other factors in 3 important respects. Operations -- Prof. Juran. 2. Overview. Basic definitions and metrics. Examples of some theoretical models. Operations -- Prof. Juran. 3. Basic Queueing Theory. A set of mathematical tools for the analysis of probabilistic systems of customers and servers. . Kostic. ’s. . Research . &. Scholarly Interests and Activities. Fundamentals . and . Application . of . Energy. www.kostic.niu.edu. The . Fundamental Laws of . Nature:. The Laws of Thermodynamics. GraphG prof 1 prof 2 prof 3 prof 4 phd 5 stud 6 stud 7 adv adv adv adv adv sup sup GraphI 1 prof 2,3 prof 4 prof 5 phd 6,7 stud adv adv adv sup 1Fortheformaldevelopmentinthispaper,itwillbeconve-nientt GraphG prof 1 prof 2 prof 3 prof 4 phd 5 stud 6 stud 7 adv adv adv adv adv sup sup GraphI 1 prof 2,3 prof 4 prof 5 phd 6,7 stud adv adv adv sup 1Fortheformaldevelopmentinthispaper,itwillbeconve-nientt Based on:. Dominic Salvatore, Managerial Economics (Adopted by . Ravikesh. . Srivastava. ), OUP, 2009. M. L. . Ahuja. , Principles of Microeconomics, S. . Chand. 1. Profit theories. Schumpeter. Risk & Uncertainty. DSI 11-15. Analytics skills . Demand-side perspective. What skills are in demand vs. what should be taught/supplied.. But… should supply = demand? . Who are you teaching? . What jobs . they . wish to . 2. Overview. Basic definitions and metrics. Examples of some theoretical models. Operations -- Prof. Juran. 3. Basic Queueing Theory. A set of mathematical tools for the analysis of probabilistic systems of customers and servers. . ©2011 John M. Abowd and Jennifer P. Wissink, all rights reserved.. What Is A Firm?. Broadly: A firm is an organization producing goods or services, also called a business.. Examples of common businesses: . T.Y.B.Com. Financial Statement . &. . Ratio Analysis. Financial Analysis. Assessment of the firm’s past, present and future financial conditions. Done to find firm’s financial strengths and weaknesses. T.Y.B.Com. Financial Statement . &. . Ratio Analysis. Financial Analysis. Assessment of the firm’s past, present and future financial conditions. Done to find firm’s financial strengths and weaknesses. 1.Concept of . Rent. - Recardian Theory of Rent. 2.Concept of . Wages. - Marginal Productivity Theory of Wages. 3.Concept of . Interest-. Loanable Fund theory of Interest. 4.Concept of . Profit. - Uncertainty bearing theory of Profit. Rupa. C. More. Prof. Rupa More. 1. Introduction. . Section 5 of banking regulation act defines banking as “the accepting, for the purpose of lending or investment, of deposit of money from the public repayable on demand or otherwise and... Based on the books: . Building Lean Supply Chains with the Theory . of . Constraints . M. anaging . Business Process Flow . Throughput Profit Multiplier (TPM). A large fraction of the operating costs are fixed . Prof. . Rupa. . Chandrashekhar. More. Introduction. A Business may suffer abnormal losses due to different reasons such as fire, theft, flood, strike etc.. A business concern is always faced with heavy loss due to fire and as a result the...