Utilizing Permutation and Combination Techniques in Business Decision-Making Processes

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Page Numbers: 199-220
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Published: Mar 19, 2026
Digital Object Identifier: 10.58578/mjms.v4i2.9336
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Authors:
Bardan Sah1, Ritika Jayswal2, Satyam Thakur3, Neha Shah4, Dilip Kumar Sah5, Suresh Kumar Sahani6
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Bardan Sah
MIT Campus, Rajarshi Janak University, Janakpurdham, Nepal
Ritika Jayswal
MIT Campus, Rajarshi Janak University, Janakpurdham, Nepal
Satyam Thakur
MIT Campus, Rajarshi Janak University, Janakpurdham, Nepal
Neha Shah
Himalayan White House International College, Putalisadak, Kathmandu, Nepal
Dilip Kumar Sah
Patan Multiple Campus, Patan Dhoka, Lalitpur, Nepal
Suresh Kumar Sahani
Rajarshi Janak University, Nepal

Abstract

Although permutations and combinations are often regarded as purely theoretical mathematical topics, they play a significant role in practical decision-making and contemporary business operations. This study examines the application of permutations and combinations in everyday decision-making and real business contexts, particularly in quality control, marketing strategy, resource planning, and inventory management. Using real-world examples and case studies, the article demonstrates how organizations employ these combinatorial concepts to improve productivity, reduce costs, optimize available resources, and strengthen competitive advantage in increasingly complex market environments. The findings indicate that a sound understanding of permutations and combinations enhances managerial and executive decision-making, especially when evaluating numerous alternatives, assessing the likelihood of possible outcomes, selecting appropriate combinations of people or products, and determining optimal configurations. The study concludes that permutations and combinations are not merely academic concepts but practical analytical tools that support more effective and strategic business decisions. This study contributes to a broader understanding of how foundational mathematical reasoning can be applied to improve organizational efficiency and decision quality in business practice.

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Article Details

How to Cite
Sah, B., Jayswal, R., Thakur, S., Shah, N., Sah, D. K., & Sahani, S. K. (2026). Utilizing Permutation and Combination Techniques in Business Decision-Making Processes. Mikailalsys Journal of Mathematics and Statistics, 4(2), 199-220. https://doi.org/10.58578/mjms.v4i2.9336

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Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

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