IJSRP, Volume 4, Issue 6, June 2014 Edition [ISSN 2250-3153]
A.Vijaya Madhavan
Abstract:
Economic analysis is an effective tool in the decision-making process. The Economic Analysis process is an iterative procedure for evaluating and ranking alternatives that meet an objective. In present case study of problem faced by a small scale industrialist in choosing best alternative manufacturing method is discussed.