TYPES OF TAXES

Taxes are mainly classified into direct and indirect taxes: Direct taxes A Direct tax is a kind of charge, which is imposed directly on the taxpayer and paid directly to the government by the persons on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else.Read more about TYPES OF TAXES[…]

Advantages and Disadvantages of Economic Order Quantity (EOQ)

The EOQ model is characterized by several advantages. First, using the model, all stock items are reviewed periodically and as such, there is a greater possibility of obsolete items being eliminated (Lucey, 2003). Additionally, a firm might gain economies in placing orders by spreading the purchasing office load more effectively. It might also obtain larger quantityRead more about Advantages and Disadvantages of Economic Order Quantity (EOQ)[…]

Video Games in Hospital Environments

Video games have over the years been associated with negative impacts such as poor academic performance, violent, aggressive, and anti-social behavior, obesity, muscular disorders, and increased blood pressure. Recent research studies have, however, revealed that they can be harnessed to elicit a more positive response to treatment regimens among patients and facilitate the simulation ofRead more about Video Games in Hospital Environments[…]

Module 3 – SLP Pivot Table and Multi-Attribute Decision Analysis

Pivot Table and Multi-Attribute Decision Analysis Assumed Certainty: Multi-Attribute Decision Making (MADM) Scenario: You are the Vice President of Franchise Services for the Lucky restaurant chain. You have been assigned the task of evaluating the best location for a new Lucky restaurant. The CFO has provided you with a template that includes 6 criteria (attributes) thatRead more about Module 3 – SLP Pivot Table and Multi-Attribute Decision Analysis[…]