Mikailalsys Journal of Mathematics and Statistics
Vol 4 No 2 (2026): Mikailalsys Journal of Mathematics and Statistics

Utilizing Permutation and Combination Techniques in Business Decision-Making Processes

Sah, Bardan (Unknown)
Jayswal, Ritika (Unknown)
Thakur, Satyam (Unknown)
Shah, Neha (Unknown)
Sah, Dilip Kumar (Unknown)
Sahani, Suresh Kumar (Unknown)



Article Info

Publish Date
19 Mar 2026

Abstract

Although permutations and combinations are often regarded as purely theoretical mathematical topics, they play a significant role in practical decision-making and contemporary business operations. This study examines the application of permutations and combinations in everyday decision-making and real business contexts, particularly in quality control, marketing strategy, resource planning, and inventory management. Using real-world examples and case studies, the article demonstrates how organizations employ these combinatorial concepts to improve productivity, reduce costs, optimize available resources, and strengthen competitive advantage in increasingly complex market environments. The findings indicate that a sound understanding of permutations and combinations enhances managerial and executive decision-making, especially when evaluating numerous alternatives, assessing the likelihood of possible outcomes, selecting appropriate combinations of people or products, and determining optimal configurations. The study concludes that permutations and combinations are not merely academic concepts but practical analytical tools that support more effective and strategic business decisions. This study contributes to a broader understanding of how foundational mathematical reasoning can be applied to improve organizational efficiency and decision quality in business practice.

Copyrights © 2026






Journal Info

Abbrev

MJMS

Publisher

Subject

Engineering Mathematics Mechanical Engineering

Description

The journal contains scientific articles covering topics such as mathematical theory, statistical methods, the application of mathematics in various disciplines, and statistical data analysis. The primary objective of this journal is to promote a better understanding of mathematical and statistical ...