What is forward equation
What is forward equation?
Expert
The forward equation also termed as the forward Kolmogorov or Fokker-Planck equation it is:
∂p/∂t = ½ ∂2/∂y2(B(y',t')2p) - ∂/∂y'(A(y',t')p).
Given forward parabolic partial differential equation needs initial conditions at time t and for solved as t' >t.
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Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
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