of a variable is equivalent to maximizing the variable itself. Therefore ln(Q)=(2/3)ln(L)+(1/3)ln(K)‚ a more convenient expression‚ is the same as maximizing Q. Therefore the objective function for the optimization problem is ln(Q)=(2/3)ln(L)+(1/3)ln(K). Step 1: Form the Langrangian function by subtracting from the objective function a multiple of the difference between the cost of the resources and the budget allowed for resources; i.e.‚ G= ln(Q) - λ(wL+rK-C) G= (2/3)ln(L) + (1/3)ln(K) - λ(wL+rK-C)
Premium Optimization Derivative Function
OBJECTIVES AND IMPORTANCE OF HUMAN RESOURCE MANAGEMENT Scott‚ Clothier and Spriegal posits that organization objectives of Human Resource Management is to identify and sustain high level of employees development‚ as well as a desirable working relationships between employers and employees and employers and employees‚ and to affect the moulding of human resources as contrasted with physical resources. In recognition of the organizational goals the primary objective of human resource management
Premium Human resource management Human resources Management
Objective 601.2.1-02 Cognitive Development Theory’s basic premises suggest that thinking or understanding material about which to think requires a process of acquiring either the ability to interact with or manipulate ones environment based development attained via his or her surroundings or physical attributes that might be necessary to comprehend the material. There are differing opinions regarding how humans develop cognitively‚ but there are also areas within each theory
Premium Theory of cognitive development Jean Piaget Intelligence
Module Title: Objectives of Environmental Education • To define the Five (5) Objectives of Environmental Education. • To conserve‚ preserve and utilize the used of our Environment. • To have a deep understanding of the Environment and its problems. Introduction We‚ people are live in an Environment where we can able get our basic necessity so‚ it means that we are connected and dependent on our environment but as the year passed by we can able to noticed that there are some changes that
Free Learning Environment Natural environment
2/15/2013 History 135 016rl Edward Pistola OBJECTIVE B PAPER Slavery was a key factor in the growth of industry in the northern colonies which generated enormous amounts of weath in the new world. Slavery was important to the northern colonies for many economic reasons. The north was a huge supplier of goods and tools to the west indies. New England land owners thrived off of the trade of sugar from the Caribbean to make molasses and rum. The northern colonies supplied many ships
Free Slavery Caribbean Atlantic slave trade
Table on Content: • Indruduction p.2 • Objectives of Islamic Economics o Right of Property p. 3 o The problem if equality p. 3-4 o Social Justice p. 4 • Characteristics of Islamic
Premium Qur'an Economy Economics
Fall of Humanity: Then and Now Worksheet Name:John Luther Course:CWV-101 Date: 01/30/2015 Instructor:Andy McClurg PART ONE: THE FALL - THEN Read the assigned readings in Topic 3 (textbook chapter 4‚ Lecture 3‚ "The Mystery of Original Sin" article‚ and Bible passages) and address the following questions with a total word count (including questions) of 500-750 words. Cite all of the resources used with in-text citations‚ using at least two sources from the Topic 3 readings. These will be included
Premium Management Human Project management
Behind the corporate objectives‚ which in themselves offer the main context for the marketing plan‚ will lie the "corporate mission‚" which in turn provides the context for these corporate objectives. In a sales-oriented organization‚ the marketing planning function designs incentive pay plans to not only motivate and reward frontline staff fairly but also to align marketing activities with corporate mission. The marketing plan basically aims to make the business provide the solution with the awareness
Premium Marketing Marketing plan
Security objective components added to an environment that is seeing threatening things within their surrounding areas will reduce the possible negative things introduced in said environment. Learning about the possible components that can be used to reduce the negative things will allow for more positive atmosphere. Physical Security The component of the overall security objective that deserves the most attention in the church environment mentioned in the article would have to be physical security
Premium Security Computer security Physical security
KINGFISHER AIRLINES Kingfisher Airlines Limited is an airline group based in India Its head office is in Andheri (East)‚ Mumbai and Registered Office in UB City‚ Bangalore. Kingfisher Airlines‚ through its parent company United Breweries Group‚ has a 50% stake in low-cost carrier Kingfisher Red. The airline has been facing financial issues for many years. Until December 2011‚ Kingfisher Airlines had the second largest share in India’s domestic air travel market. However due to a severe financial
Premium Kingfisher Airlines Vijay Mallya United Breweries Group