Profit Maximization Strategy in An Industry: A Sustainable Procedure

Mohajan, Devajit; Mohajan, Haradhan

doi:10.56397/le.2022.10.02

Cited by 26 publications

(53 citation statements)

References 8 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…We have tried to well-furnish the article by the help of previous published famous journal articles, printed books and e-books of popular and famous authors, recent conference papers, research materials of scholars' contributions, internet and websites, etc. (Mohajan, 2018(Mohajan, , 2020Mohajan & Mohajan, 2022). In this paper we have tried to maintain the reliability and validity as far as possible (Mohajan, 2017(Mohajan, , 2020.…”

Section: Methodology Of the Studymentioning

confidence: 99%

Constructivist Grounded Theory: A New Research Approach in Social Science

Mohajan

2022

RAE

View full text Add to dashboard Cite

This article tries to explore the constructivist grounded theory (CGT) in qualitative research. American sociologist Kathy Charmaz has developed a new qualitative research field “Constructivist Grounded Theory” for the first time in 2006. Constructivist grounded theory is a qualitative research methodology that draws comparison between the ethical principles of deontology, utilitarian and virtue ethics, and individuals seek to understand the world in which they live and work. It is a popular method for research studies mainly in psychology, education, and nursing. In social sciences, it represents culture, context, literacy, personal experiences, as well as application of knowledge. It also presents the theoretical substructures of symbolic interactionism and constructivism. Constructivism is used for research, learning, and teaching with peers. There are various types of constructivism, such as social, psychological, personal, radical, and contextual constructivism. On the other hand, symbolic interactionism is the process of human interaction that provides the meanings for the experiences through language, symbols, and social interactions. This study tries to investigate how constructivist grounded theory has developed in times from the original grounded theory of Glaser and Strauss. The paper also tries to highlight characteristics, application, and importance of constructivist grounded theory.

show abstract

Section: Methodology Of the Studymentioning

confidence: 99%

Constructivist Grounded Theory: A New Research Approach in Social Science

Mohajan

2022

RAE

View full text Add to dashboard Cite

show abstract

“…Human-derived activities, such as agricultural harvesting and fertilization, mining, manure, and animal waste production, have a direct effect on the natural P cycle. − Given the importance of preserving a proper balance on the concentration of these compounds, due to their involvement in the maintenance of the natural cycles of living organisms, their consideration on the definition and assessment of planetary boundaries becomes essential. The limits established are based on the values of N and P necessary to maintain, at least, a balanced concentration that allows the maintenance of biogeochemical cycles without a significant alteration on the metabolism of living organisms …”

Section: Methodsmentioning

confidence: 99%

New Environmental Approach Based on a Combination of Planetary Boundaries and Life Cycle Assessment in the Wood-Based Bioadhesive Market

Arias

Feijoó

Moreira

2022

ACS Sustainable Chem. Eng.

View full text Add to dashboard Cite

The role of the bioeconomy based on the use of renewable resources and also on the valorization of bio-based waste could contribute to a higher degree of sustainability. In this sense, biobased processes and products should exhibit values for indicators that demonstrate and outperform their competing counterparts. To this end, it is essential to apply a methodology to conduct the assessment of environmental impacts and potential damages at a global level. Life cycle assessment (LCA) has proven to be a suitable method to study the environmental profiles and damage scores of products and/or processes within their life cycle. In this regard, LCA impact scores are transformed into planetary boundary (PB) values, for which a threshold has been previously established. This has been the focus of this article, in which the environmental sustainability ratios of different bioadhesive scenarios have been evaluated under the combined framework of PBs and LCA for wood-based bioadhesives following different allocation approaches based on egalitarian, utilitarian, and grandfathering principles. In this way, it has been possible to assess the potential of bioadhesives to replace synthetic resins in the wood-based panel production chain. The results obtained show some variability in the environmental profiles and indicators, but it is possible to conclude that the bioadhesives selected can be considered as sustainable alternatives. However, improvements are required in certain PB categories, such as climate change or biogeochemical flows, as in some cases, the threshold value is exceeded. Future research should focus on two strategic lines: the application of guidelines for the evaluation of environmental sustainability at the planetary level and the optimization of bio-adhesive production to reduce their impact with the aim of achieving a more adequate sustainability ratio.

show abstract

“…Devajit Mohajan and Haradhan Kumar Mohajan has discussed profit maximization policies by using four variable inputs, such as capital, labor, principal raw materials, and other inputs in an industry, where mathematical economic models are applied by considering budget constraint. They have studied Cobb-Douglas production function with detail mathematical analysis (Mohajan & Mohajan, 2022). Haradhan Kumar Mohajan has considered three inputs, such as capital, labor and other inputs for the sustainable production of a factory of Bangladesh (Mohajan, 2021a).…”

Section: Literature Reviewmentioning

confidence: 99%

Utility Maximization Analysis of an Organization: A Mathematical Economic Procedure

Mohajan

2023

View full text Add to dashboard Cite

In the society utility is the vital concept, especially in mathematical economics. It is considered as the tendency of an object or action that increases or decreases overall happiness. In social sciences, the property of a commodity that enables to satisfy human wants is called utility. This paper has tried to operate utility maximization policy of an organization by considering two constraints: budget constraint and coupon constraint. To develop the maximization policy of utility function, the techniques of multivariate calculus are used. In this study four commodity variables are used to operate the mathematical analysis efficiently. In this article Lagrange multiplier technique is applied to achieve optimal result throughout the study.

show abstract

Profit Maximization Strategy in An Industry: A Sustainable Procedure

Cited by 26 publications

References 8 publications

Constructivist Grounded Theory: A New Research Approach in Social Science

Constructivist Grounded Theory: A New Research Approach in Social Science

New Environmental Approach Based on a Combination of Planetary Boundaries and Life Cycle Assessment in the Wood-Based Bioadhesive Market

Utility Maximization Analysis of an Organization: A Mathematical Economic Procedure

Contact Info

Product

Resources

About