IDEAS home Printed from https://ideas.repec.org/a/sae/padigm/v7y2003i2p60-74.html
   My bibliography  Save this article

A Management Decision Problem in Sugar Industry

Author

Listed:
  • D. Sampangi Raman
  • D. K. Manna

Abstract

This article emphasizes the use of scientific methods in management practices through a live decision problem. The problem under consideration is sampling of sugar cane plots for cross-verification of area in order to decide on the subsidy amount to be paid to the farmers. We have built a cost model for the determination of the sample size. It is also shown that the present method of area computation is biased, and the company stands to gain a recurring annual savings to the tune of Rs.2.5 million when the exact method is employed. The management intends to invest a part of this savings towards the development of high-yielding varieties of crop, which will lead to the benefit of farmers directly.

Suggested Citation

  • D. Sampangi Raman & D. K. Manna, 2003. "A Management Decision Problem in Sugar Industry," Paradigm, , vol. 7(2), pages 60-74, July.
    • Handle: RePEc:sae:padigm:v:7:y:2003:i:2:p:60-74
    DOI: 10.1177/0971890720030204
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0971890720030204
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0971890720030204?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:padigm:v:7:y:2003:i:2:p:60-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.