Its is concerned with use of MATHS in BUSINESS. This ppt tells about use of mathematical tool like linear programming, calculus, probability,linear equation.

1. Business
Mathematics

2. What is Business math ??????
Business math is mathematics used
by commercial enterprises for record and
manage business operations.
It includes :
 Linear programming
 Probability
 Calculus
 Linear equation

3. Linear programming
linear programming is instrumental in solving
many management problems.
Applications :
 Product mix
 Distribution network
 Corporate restructuring
 Facility planning
 Staff scheduling
 Financial problem

4. Probability
A quantitative measure of the likelihood of
something occurring.
Application:
 probability of profitability
 Evaluate financial risk
 Decision making
 Improve business performance

5. Calculus
The branch of mathematics that deals with limits and
the differentiation and integration of functions of
one or more variables.
Application :
 Measure the rate of increase in profit
 Determining the amount of interest paid over the
life of a loan.
 Maximization of profit.
 Decision making process.

6. Linear equation
A linear equation is an algebraic
equation in which each term is either
a constant or the product of a constant
and a single variable .
Application :
 Determine prices
 Shows Demand Curve
 Relationship between currencies
 Change in Interest Rates and Investment

7. Made by
Immanuel