Tag: lecture

Operations Research 06C: Transportation Minimum Cost Method

Operations Research 06C: Transportation Minimum Cost Method

In this video, we’ll talk about how to find a basic feasible solution or BFS to the balanced transportation problem using the minimum cost method. There are three steps. In Step 1, we need to find the cell with the smallest unit cost in the transportation tableau. Ties are broken arbitrarily, which means, if there …

MS Project Tutorials 16: Total Cost and Cash Flow

MS Project Tutorials 16: Total Cost and Cash Flow

Welcome to Microsoft Project 2016 tutorials. In this video, I’ll show you how to display the total cost and cash flow information for a project. In the Gantt chart view, click on the View tab and then on the table drop down menu. Select cost here. We can see the total cost of our entire …

One Reason Homes Cost So Much

One Reason Homes Cost So Much

In the UK and many other countries houses are expensive very expensive prices have been rising consistently for many decades In England, prices rose by 4255% between 1971 and 2011 If the price of a supermarket chicken had inflated by the same rate, It would cost 51 pounds and 18 pence by now Around 1950, …

VV 22 Business English Vocabulary – Risk Management 1

VV 22 Business English Vocabulary – Risk Management 1

You’re watching Video Vocab by Business English Pod dot com I’m this episode a video vocabulary the first of a two-part series on vocabulary related to risk management in this episode we’ll take a general look at risk management in the business world the new all businesses have to deal with risk but successful businesses …

What do the Rich really Want?

What do the Rich really Want?

Rich people have a lot of power One of the key questions of modern economics and politics is therefore What do the rich really want? The standard of assumption is tended to be more money, but the reality is stranger and more hopeful. Ironically, the one thing that the rich general aren’t much more motivated …

HISTORY OF IDEAS – Capitalism

HISTORY OF IDEAS – Capitalism

Today, pretty much every economy in the world is organized along capitalist lines but at the same time, capitalism is almost everywhere regarded with disappointment, frustration and suspicion. Interestingly, none of the criticisms are new. They’ve been dogging capitalism since its inception. So let’s look back in time to figure out how capitalism got its …

5 Inequality Myths

5 Inequality Myths

ANTONY DAVIES: Myths about inequality. Myth number one. Profit and plunder are the same thing. Imagine a person who provides services to society. Maybe he mows lawns, or fixes cars, or paints houses, and in return for these services he provides to others, he asks for something in return, maybe some food, clothing and shelter. …