Classical Wilson’s EOQ model assumes that the payments for goods are made at the time of delivery and therefore a sufficient portion of carrying cost is incurred due to money blocked in inventories. In many situations, however, it is observed that the supplier allows delay in making payments...

There is a broad consensus on the content of rural development as a programme. An equalitarian has, emphasis on self reliance and local participation may be considered as key attributes of rural development. There are yet significant differences on certain ideological and strategic issues. The...

This paper presents an overview of the theoretical, methodological, and applied contributions that the author’s research program on prediction of performance has made to the literature on judgement and decision. It is shown that the rules people employ to combine information about motivation...

Indonesia experienced economic growth rates 5.5 to 7.0 per cent per year since the late eighties and early nineties, resulting in greater demand for telecom services. But, like many other developing countries, Indonesia had a low level of telecom infrastructure development. Consequently, the...

This study attempts to look at the effect of sex, previous academic background and the annual family income on the value patterns of students who have opted for management education. Barring a few exceptions the results suggests that these biosocial variable do not influence the value patterns....

The nature of the work ethic of a society may significantly shape the character of its economic development. It is argued that the cult of Vishnu and its associated work ethic have played a notable role in the economic development of India during the past 2000 years or so. The cult of Vishnu...

In 1979, when the Conservative party was elected in the UK, it was no more than a gut feeling, impatience and inability to improve the working of the nationalised industries, it was felt that the invisible hand of the market may hold the key to success of these industries. Nevertheless, on...

An attempt is made in this paper to forecast the behaviour of private corporate investment in 1979. Corporate investment is taken to include gross capital expenditures of all companies including joint sector companies. Government companies alone are excluded. This study also provides a picture...

This paper is designed to estimate the cost production of the doordarshan programmes average cost of production, transmission, and reception of the programmes per capital for the two groups. Before presenting the framework and empirical estimates, the paper presents an estimates of the effective...

A Binary relation is said to be quasi-transitive if its asymmetric part is transitive. A binary relation is said to be a weak-order if it is reflexive, complete and transitive. One may refer to Frensh [1986] for a synopsis of these and similar definitions. An easy consequence of the result in...