Production Economics: Integrating the Microeconomic and Engineering Perspectives

Author:   Steven T. Hackman
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Edition:   2008 ed.
ISBN:  

9783540757504


Pages:   516
Publication Date:   10 December 2007
Format:   Hardback
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

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Production Economics: Integrating the Microeconomic and Engineering Perspectives


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Overview

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.

Full Product Details

Author:   Steven T. Hackman
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Springer-Verlag Berlin and Heidelberg GmbH & Co. K
Edition:   2008 ed.
Dimensions:   Width: 15.50cm , Height: 3.00cm , Length: 23.50cm
Weight:   0.980kg
ISBN:  

9783540757504


ISBN 10:   3540757503
Pages:   516
Publication Date:   10 December 2007
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

Table of Contents

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.

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