Production Economics

Integrating the Microeconomic and Engineering Perspectives

Steven T. Hackman (Autor)

Buch | Softcover

XXIV, 516 Seiten

2010 | 1. Softcover reprint of hardcover 1st ed. 2008
Springer Berlin (Verlag)
978-3-642-09487-3 (ISBN)

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'"This scholarly yet accessible book provides an introduction to the main topics in production economics. The book successfully integrates two historically distinct perspectives on modeling technology: from microeconomics and engineering."

A production economist focuses on assessment, and will use an aggregate description of technology to answer such questions as: How does the firm compare to its competitors? Has the firm improved its production capabilities? A production engineer focuses on optimizing resources, and will use a detailed description of technology to answer a completely different set of questions: Which operations or plants should produce which products at what time? Should resource capacity be expanded and, if so, which resources should be acquired? Each group could benefit from the other group's perspective. This book offers a unified, integrated point of view that bridges the gap between these two historically distinct perspectives.

Overview.- Overview.- Microeconomic Foundations.- Production Functions.- Formal Description of Technology.- Nonparametric Models of Technology.- Cost Function.- Indirect Production Function.- Distance Functions.- Nonconvex Models of Technology.- Efficiency Measurement.- Efficiency Analysis.- The Two-Dimensional Projection.- Multi-Stage Efficiency Analysis.- Efficiency Analysis of Warehouse and Distribution Operations.- Productivity and Performance Measurement.- Index Numbers.- Productivity Measurement.- Performance Measurement.- Economic Analysis.- Engineering Models of Technology.- Index-Based Dynamic Production Functions.- Distribution-Based Dynamic Production Functions.- Dynamic Production Function Approximations.- A Stochastic Input-Output Model.- Multi-Stage, Dynamic Models of Technology.- Optimizing Labor Resources Within a Warehouse.

Erscheint lt. Verlag	19.10.2010
Zusatzinfo	XXIV, 516 p. 36 illus.
Verlagsort	Berlin
Sprache	englisch
Maße	155 x 235 mm
Gewicht	816 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
Schlagworte	Efficiency Measurement • Performance Measurement • Production • Production Economics • Production Planning • Productivity • Productivity Measurement
ISBN-10	3-642-09487-2 / 3642094872
ISBN-13	978-3-642-09487-3 / 9783642094873
Zustand	Neuware