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What is the role of statistics in socio economic planning and policy formulation in India?
role of statistic would be more general to every one as there will be proper statistical figures
What is the role of an industrial engineer in facilities planning and design?
Industrial engineers can estimate the time taken and the process for manufacture. This will help you estimate the type and number of machines required to manufacture your product.
What is the role of mathematics in school?
It is taught to students and used in assessing how well the students are performing, among many other uses such as planning how much to cook for school dinners and balancing the school budget.
What was Hanway's reputation based on?
instilling a high level of company values. He emphasized that his view of business was to be a tough competitor but a competitor with a conscience who played a vital role in the health and wellbeing of its customers and clients
What is the role of mathematics in business management?
Mathematics plays a crucial role in business management by providing tools for analyzing, interpreting, and making decisions based on quantitative data. Concepts such as statistics, calculus, and linear algebra are used to forecast trends, optimize processes, and evaluate financial performance. Mathematical models help in risk assessment, resource allocation, and strategic planning, ultimately aiding in the efficient operation and growth of businesses.
