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Combination: Presented By: Payal Shah ROLL NO .: 116 Mba Sem 1 - Batch 4 Company: Champion Trading CO

The document discusses Champion Trading Company and combinations. It provides background on the company, which was established in 1996 and trades in tools, hardware, and paints. It also has a subsidiary, Samarth Enterprises, which has a dealership for Asian Paints. The document then discusses combinations, providing examples of combinations with and without repetition from scenarios like selecting ice cream scoops and lottery numbers. It gives the formula for calculating combinations and provides an example of calculating the number of possible combinations of selecting three cans of paint when the options include different numbers of red, white, and blue cans.

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Payal Purohit
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0% found this document useful (0 votes)
45 views15 pages

Combination: Presented By: Payal Shah ROLL NO .: 116 Mba Sem 1 - Batch 4 Company: Champion Trading CO

The document discusses Champion Trading Company and combinations. It provides background on the company, which was established in 1996 and trades in tools, hardware, and paints. It also has a subsidiary, Samarth Enterprises, which has a dealership for Asian Paints. The document then discusses combinations, providing examples of combinations with and without repetition from scenarios like selecting ice cream scoops and lottery numbers. It gives the formula for calculating combinations and provides an example of calculating the number of possible combinations of selecting three cans of paint when the options include different numbers of red, white, and blue cans.

Uploaded by

Payal Purohit
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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COMBINATION

PRESENTED BY : PAYAL SHAH ROLL NO . : 116 MBA SEM 1 BATCH 4 COMPANY : CHAMPION TRADING CO.

INTRODUCTION OF THE COMAPNY


CHAMPION TRADING COMPANY was established in the year 1996 by MR.HITESH SHAH who is the owner of the company.

CHAMPION TRADING COMPANY also includes its subsidiary company named SAMARTH ENTERPRISES.
The major areas in which company does trading are TOOLS,HARDWARE & PAINTS. Champion trading company is a industrial supplier company, which supplies welding instruments & Samarth enterprise has a dealership of ASIAN PAINTS ,which includes selling of paints in wholesale and retail areas. Company supplies its products in the big industries & companies like .ABB,ALSTOM,JSW,INDIAN RAILWAYS,BERGER LEWIS,COLOUR WORLD and so on

The number of ways in which SMALLER or EQUAL number of things are arranged or selected from a collection of things where the ORDER OF SELECTION OR ARRANGEMENT IS NOT IMPORTANT.

EXAMPLE : Selection of poker hand which is a combination of five cards selected from 52 cards. That is , 5 things out of 52 things .

Number of combinations of n different things taken r at a time.


Denoted by :

HERE , C = Combinations. n = No . of combinations. r = Required no. of combinations.

There are two types of combinations


REPETITION ALLOWED : SUCH AS COINS ( 5 , 5 , 10 , 10 ).

NO REPITITION ALLOWED : SUCH AS LOTTERY


NUMBERS (2 , 14 , 27 , 35 ).

Let us say there are five flavors of ice cream : banana, chocolate, lemon, strawberry and vanilla. You can have three scoops. How many variations will there be? Let's use letters for the flavors: {b, c, l, s, v}. Example selections would be : {c, c, c} (3 scoops of chocolate) {b, l, v} (one each of banana, lemon and vanilla) {b, v, v} (one of banana, two of vanilla)

There are n=5 things to choose from, and you choose r=3 of them. Order does not matter.
WE CAN CHOOSE ANY COMBINATION FROM THIS .

2.Combinations without repetitions


Let us take the example of LOTTERY TICKETS . This is how lotteries work. The numbers are drawn one at a time, and if you have the lucky numbers (no matter what order) you win!

COMBINATION WITH REFERENCE TO CHAMPION TRADING COMPANY As CHAMPION TRADING COMPANY has Dealership of ASIAN PAINTS .. So let us Understand combination with respect To ASIAN PAINTS COMBINATION. FOLLOWING ARE THE EXAMPLES

EXAMPLE :Q.) A box of Asian paints contains 7 Red , 6 White , & 4 Blue Cans of 2 liter each. How many selection of THREE cans can Be made so that (a) All three are red (b) None is red (c) One is of each color ?

SOLUTION :-

ALL THREE ARE RED

(a) All three cans will be of Red color if they are taken out Of 7 red cans and his can be done in

nCr

n!
r! (n r ) !

7C3 = *3! = 6 **4!=24

7! 3!(7-3 )!

= 7x6x5x4X3X2X1 = 5040 3! X 4! 144

NONE IS RED

(b) None of the three will be red if these are chosen from ( 6 White and 4 Blue cans ) 10 cans and this can be done in 10C3 = 10! 3!( 10-3 ) ! = 10! 3! 7! = 10x9x8x7! 3x2x1x7! = 10x9x8 3x2 = 120 ways

ONE IS OF EACH COLOR


(c) One RED CAN can be chosen from 7 cans in 7C1 ways. One WHITE CAN can be chosen from 6 White cans in 6C1 Ways. One BLUE CAN can be chosen from blue cans in 4C1 ways.

Hence , the number of groups of three cans such that one is Of each color = 7x6x4 = 168 ways .

We can conclude that, when the things are arranged Or selected from a collection of things where order Of selection or arrangement is not important. It is repetitive in nature . We can select any combination repetitively.

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