Overview
Provides a scholarly yet accessible introduction to the main topics in production economics
Integrates two, historically distinct perspectives on modeling technology: from microeconomics and engineering
Includes over 125 exercises with comprehensive solutions and a mathematical appendix
Includes supplementary material: sn.pub/extras
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Table of contents (22 chapters)
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Overview
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Microeconomic Foundations
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Efficiency Measurement
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Productivity and Performance Measurement
Keywords
About this book
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.
Authors and Affiliations
Bibliographic Information
Book Title: Production Economics
Book Subtitle: Integrating the Microeconomic and Engineering Perspectives
Authors: Steven T. Hackman
DOI: https://doi.org/10.1007/978-3-540-75751-1
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2008
Hardcover ISBN: 978-3-540-75750-4Published: 10 December 2007
Softcover ISBN: 978-3-642-09487-3Published: 19 October 2010
eBook ISBN: 978-3-540-75751-1Published: 06 December 2007
Edition Number: 1
Number of Pages: XXIV, 516
Number of Illustrations: 36 b/w illustrations
Topics: Microeconomics, Operations Management, Industrial and Production Engineering, Operations Research/Decision Theory