Combination: Presented By: Payal Shah ROLL NO .: 116 Mba Sem 1 - Batch 4 Company: Champion Trading CO
Combination: Presented By: Payal Shah ROLL NO .: 116 Mba Sem 1 - Batch 4 Company: Champion Trading CO
PRESENTED BY : PAYAL SHAH ROLL NO . : 116 MBA SEM 1 BATCH 4 COMPANY : CHAMPION TRADING CO.
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 .
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 .
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 :-
(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 ) !
7! 3!(7-3 )!
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
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.