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Journal : Journal of Multidisciplinary Science: MIKAILALSYS

Economic Insights Unveiled: A Journey through Input-Output Analysis in Non-Linear Mathematics Sahani, Suresh Kumar; Jha, Aditya; Sahani, Kameshwar; Prasad, Kripa Sindhu
Journal of Multidisciplinary Science: MIKAILALSYS Vol 1 No 3 (2023): Journal of Multidisciplinary Science: MIKAILALSYS
Publisher : Darul Yasin Al Sys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/mikailalsys.v1i3.1865

Abstract

This project work explores the world of input-output analysis, a powerful economic tool that reveals the complicated web of economic interdependencies that exist within a region or nation. By meticulously exploring the foundations, applications, and implications of this analytical method, we set out on a journey to understand the profound impact it has on economic systems. The project begins with a comprehensive introduction to the theory of input-output analysis, shedding light on its historical evolution and underlying assumptions. It meticulously outlines the step-by-step process of constructing input-output tables and interprets the matrix algebra involved, ensuring that even a novice can grasp the fundamentals. Two hypothetical case studies add practicality to the project, vividly demonstrating how input-output analysis can be applied to real-world scenarios, such as the infrastructure sector, the energy sector, and local economic development. Through these case studies, we witness the transformative potential of this analysis, both in terms of economic growth and sustainable practices. Furthermore, the project explores the strengths and limitations of input-output analysis, paving the way for informed discussions and decisions in the realms of economic policy and planning. In the end, the project leaves no stone unturned, presenting a comprehensive view of input-output analysis as a dynamic instrument that empowers us to unravel economic intricacies, fostering a prosperous and sustainable future.
A Certain Studies on Mathematical Modeling: An Optimization Oriented the Replacement of Items whose Efficiency Deteriorates with Time Sahani, Suresh Kumar; Mandal, Deb Narayan; Sahani, Kameshwar
Journal of Multidisciplinary Science: MIKAILALSYS Vol 2 No 1 (2024): Journal of Multidisciplinary Science: MIKAILALSYS
Publisher : Darul Yasin Al Sys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/mikailalsys.v2i1.2286

Abstract

According to the definitions of operation research, it may be regarded as a methodology, an approach, a set of techniques, a team activity, a mixing of various disciplines, an extension of a particular discipline, a new discipline, a vocation, even a religion. There are many problems in today's world that involve the replacement of items, and in this paper we solve a few of these problems and also discuss the day-to-day replacement of items with maintenance costs that increase over time as well as their value as time goes on.
Analysis of Some Practical Life Uses and Applications of Exponential Function Pandit, Jay Kumar; Sahani, Suresh Kumar; Sahani, Kameshwar
Journal of Multidisciplinary Science: MIKAILALSYS Vol 2 No 2 (2024): Journal of Multidisciplinary Science: MIKAILALSYS
Publisher : Darul Yasin Al Sys

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58578/mikailalsys.v2i2.2864

Abstract

We have sorted out some practical uses of exponential function that we are going to study in this report. The report is given more emphasis on real life use of Euler number i.e. e and also on the uses of other exponential function. The sorted out uses of exponential function is based on following topic: real value of money, bit coin value, household saving, production in a factory, and exploitation of forest. Later on, we have also focused on consequences of those problems and find its solution. This work is motivated by the work of [1-13].