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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

IMPACT FACTOR (RJIF): 8.4

Vol. 1, Issue 13, Part D (2015)

Determination of optimal labour demand when supply has random Fluctuations

Determination of optimal labour demand when supply has random Fluctuations

Author(s)
N. Vijayasankar, S. Vijay amirtharaj, R. Sathiyamoorthi
Abstract
In any organization or industry manpower is an important input. Usually the optimal level of supply of labour is determined taking into account the demand for the same. But there are some industries like construction work, the demand for labour can be decided taking into account the level of supply of the same. In this paper the optimal demand for labour size is determined under the assumption the supply of the same is of random nature. Numerical illustration is also provided.
Pages: 228-231  |  1235 Views  60 Downloads
How to cite this article:
N. Vijayasankar, S. Vijay amirtharaj, R. Sathiyamoorthi. Determination of optimal labour demand when supply has random Fluctuations. Int J Appl Res 2015;1(13):228-231.
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