Production Economics

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Release : 2012-08-04
Genre : Business & Economics
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Book Rating : 009/5 ( reviews)

Production Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Production Economics write by Svend Rasmussen. This book was released on 2012-08-04. Production Economics available in PDF, EPUB and Kindle. This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice. This updated second edition includes a more comprehensive introduction to the theory of decision making under risk and uncertainty as well as a new chapter on how to use linear programming to generate the supply function of the firm.

Handbook of Production Economics

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Release : 2022-06-02
Genre : Business & Economics
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Book Rating : 559/5 ( reviews)

Handbook of Production Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Handbook of Production Economics write by Subhash C. Ray. This book was released on 2022-06-02. Handbook of Production Economics available in PDF, EPUB and Kindle. This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.

Agricultural Production Economics

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Release : 2002
Genre : Agricultural productivity
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Book Rating : /5 ( reviews)

Agricultural Production Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Agricultural Production Economics write by David L. Debertin. This book was released on 2002. Agricultural Production Economics available in PDF, EPUB and Kindle.

Production Economics

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Release : 2008-01-28
Genre : Business & Economics
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Book Rating : 503/5 ( reviews)

Production Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Production Economics write by Steven T. Hackman. This book was released on 2008-01-28. Production Economics available in PDF, EPUB and Kindle. 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.

Production Economics

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Release : 2018-08-06
Genre : Technology & Engineering
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Book Rating : 780/5 ( reviews)

Production Economics - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Production Economics write by Anoop Desai. This book was released on 2018-08-06. Production Economics available in PDF, EPUB and Kindle. This book serves a unique purpose within the world of engineering. It covers the economics of modern manufacturing and focuses on examining the techniques and methods from a cost perspective. It can be used by both students and professionals alike. The book is useful to students in industrial engineering and mechanical engineering programs as a primary textbook for engineering economy, production costing, and related courses. It can also be used by MBA students specializing in production management and finance. Specific topics of coverage include the computation of direct and indirect cost for manufacturing operations, including a variety of overhead operations in such an environment. Costing of manufacturing methods such as casting, forging, turning, milling, and welding is addressed along with inventory analysis. The book also includes fundamental concepts such as cash flow analysis, present and future worth analysis, and rate of return analysis. Related topics such as equipment replacement, comparison of alternatives, depreciation, buy versus make decisions, interest factors, and equivalence are covered in detail as well. Key Features: Addresses the costing of manufacturing operations through a step-by-step problem solving approach. Includes traditional engineering topics such as cash flow analysis, present worth, future worth analysis, replacement analysis, equivalence, and depreciation are addressed in depth as well. Offers a variety of solved examples that can be used to develop a thorough understanding of the underlying concept. Provides a number of practice problems at the end of each chapter. Presents a large number of figures and tables in almost every chapter, to assist in visualizing the concept and apply it successfully. Production Economics: Evaluating Costs of Operations in Manufacturing and Service Industries focuses on rigorous problem solving. Each topic is presented succinctly along with numerous solved examples, along with a large number of end-of-chapter practice problems where applicable.