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Development of Multi Objective Techniques-A Case Study of Punjab and Haryana

In India and abroad, the commonly used decision modelling in real life rests on the assumption that the decision maker seeks to optimize a well-defined single objective using traditional mathematics programming approach. A farmer may be interested in maximizing his cash income, with certain emphasis on risk minimization. On the other at county level especially in a developing country a planner may aspire for a plan while maximizes food grains production and also to some extent considers employment maximization etc as the goals. Keeping in view the objectives of the study, state-wise secondary data on different variables for the period 1980-81 to 2014-15 were collected from Statistical Abstracts of Punjab, Fertilizer Statistics, Agricultural Statistics at a glance and the reports of the Commission for Agricultural Costs and Prices, published by Ministry of Agriculture By taking its deviations of observed Yt from its estimated value we got the error or the risk coefficients for each year for each crop. These risk coefficients were taken in the matrix formulation in the MOTAD format suggested by Hazell (1971 a and b). To give a meaningful explanation to the level of risk, total mean absolute deviations in gross returns were derived as under: Min A = 1/S Σ│ (chj-gj) xj│ Where A is the minimum average absolute deviation defined as the mean over (h=1………s) years, of the sum of the deviations of gross returns (chj) from the trend in gross returns (gj) multiplied by activity levels x j (j = 1………n). Where A is an unbiased estimator of the population mean absolute income deviation Where A = estimated mean absolute deviation S = no. of years chj = gross returns of the jth activity in hth year gj = sample mean of gross returns of jth activity x j = activity level This was minimized subject to the following constraints: Σaij xj ≤ bi (for all i = 1………….m, j =1……..n) Total activity requirements for the i th constraint, the sum of the unit activity requirements aij for the constraint i times the activity levels ‘xj‘do not exceed the level of the i th constraint bi for all ‘i’ and x j 0 all activity levels are non negative. Where a ij = per unit technical requirement for the jth activity of the ith resource. bi = the ith resource constraint level m = no. of constraints n = no. of activities

Published by: Prince Singh, Dr Manjeet Jakha

Author: Prince Singh

Paper ID: V2I6-1170

Paper Status: published

Published: November 29, 2016

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A Review of the Research on Aviation Risk Identification

Flying involves risk. To stay safe, you need to know how to judge the level of risk, how to minimize it, and when to accept it. Before the risk to happen we need to identify the hazard. Hazard is anything with the potential to cause harm it’s a present condition, event, and object, circumstance that could lead or contribute to a death to people, loss of property or equipment. It is a source of danger. Flying is one of the most secure methods for travel yet things turn out badly because of different reasons, for example, Human-errors, mechanical, climate, criminal activities. Records from the past mischance’s has brought about the development of flight frameworks and innovation has lessened danger of past mischance’s yet has made flight taking care of more entangled through years.

Published by: Kaustav Jyoti Borah, Mohan Kantipudi

Author: Kaustav Jyoti Borah

Paper ID: V2I6-1168

Paper Status: published

Published: November 26, 2016

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Implementation of Just-in-time in an Enterprise

Rapid industrialization has increased competition in the market and it has become troublesome for the industries (especially for small scale industries) to persist with this kind of modern industrialization. In order to survive in the market an enterprise should produce a good quality product which can be affordable to common man within a specific span of time. Management of time is of an immense importance for any enterprise or industry as it can accomplish more with minimum efforts. To overcome numerous problems Just-in-Time can be introduced to an enterprise. Just-In-Time deals with the production of any item after the order from consumer and not to produce items before the need or in advance.

Published by: Kiran Mahendrabhai Patel, Karan M. Patel, Rohan S. Sanap

Author: Kiran Mahendrabhai Patel

Paper ID: V2I6-1167

Paper Status: published

Published: November 26, 2016

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On the Class of (K-N) Quasi-n-Normal Operators on Hilbert Space

In this work we introduce another class of normal operator which is (K-N) quasi n normal operator and given some basic properties. The relation between this operator with another types of normal operators are discussed. Here the results are given by using the conditions of (K-N) quasi normal operators.

Published by: Sivakumar N, Bavithra V

Author: Sivakumar N

Paper ID: V2I6-1166

Paper Status: published

Published: November 26, 2016

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On Parahyponormal and Quasi Parahyponormal Operators

In this paper we discuss about a new class of operators on Hilbert space. We call these operators as parahyponormal operators. Moreover, here we discussed some results on quasi parahyponormal and M-Quasi parahyponormal operators.

Published by: Sivakumar N, Dhivya G

Author: Sivakumar N

Paper ID: V2I6-1165

Paper Status: published

Published: November 26, 2016

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A Study about the Microfinance Models and Role of Financial Institution in Empowering Rural Finance: – An overview.

Abstract The purpose of this paper is to examine the role of financial institution and to study the different microfinance models which are empowering rural finance development in India. In this paper an attempt is made to find out how financial institutions are empowering the rural people and study the different microfinance models as well as different clients of the microfinance. India which is the one of the largest microfinance center in the world nowadays. In India more than 25% of its population lives below poverty line. For this poverty alleviation the Govt. of India started various programmes from time and again but failed in achieving this goal. The reasons behind the failure are such as the Govt. of India fail to reach the target population, the loophole in the system, corruption etc. The different countries of the world come with different ideas and schemes and these schemes increased the NPAs .Then the microfinance institution come forward to fulfill these gaps but the outreach is small as compared to the requirement and potential but some progress had been seen in this regard when NABARD and SHGs played an active role in this. After than numbers of different microfinance institution and different NGOs also dived in this business. Govt. must power the microfinance institution for mobilizing savings, with increase demand for the rural finance .How ever keeping in mind the recent experiences, and for the better growth we need to managed these microfinance institution in a better way and provide them adequate finance which full fill the needs of poor and also provide them a social responsibility which is most important for the growth of these microfinance institution and for alleviating poverty from the country. There is no doubt that NGOs played an important role in promoting SHGs so there should be need to start some incentive packages for these NGOs which motivates them to diversify themselves and their business to backward areas also.

Published by: Ahsan Ul Haq, Dr. Javed Iqbal

Author: Ahsan Ul Haq

Paper ID: V2I6-1164

Paper Status: published

Published: November 25, 2016

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