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Dynamic Efficiency and Productivity Measurement by Elvira Silva, Spiro E. Stefanou, Alfons Oude Lansink is a nonfiction available to read on EtoBox.
What is Dynamic Efficiency and Productivity Measurement about?
The book takes on a systematic treatment of dynamic decision making and performance measurement. The analytical foundations of the dynamic production technology are introduced and developed in detail for several primal representations of the technology with an emphasis on dynamic directional distance functions. Dynamic cost minimization and dynamic profit maximization are developed for primal and dual representations of the dynamic technology. A dynamic production environment can be characterized as one where current production decisions impact future production possibilities. Consequently, the dynamic perspective of production relationships necessarily involves the close interplay between stock and flow elements in the transformation process and how current decisions impact the changes in future stocks. Stock elements in the production transformation process can involve physical elements that can be effectively employed in the transformation process, which can include the stock of technical knowledge and expertise available to the decision maker during the decision period. The dynamic generalization of concepts measuring the production structure (e.g., economies of scale, economie
Who reads Dynamic Efficiency and Productivity Measurement?
It is typically read by self-directed learners exploring a subject in depth.
Common subject areas: history, science, philosophy, social sciences.
- Author
- Elvira Silva, Spiro E. Stefanou, Alfons Oude Lansink
- Publisher
- Oxford University Press, Incorporated
- Published
- 2020
- Language
- EN
- ISBN
- 9780190919474
- Category
- nonfiction
- Subjects
- Management, Business, Economics
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