000 02716cam a2200253 i 4500
020 _a9783642301995 (alk. paper)
020 _a3642301991
082 _a338.5
_bRAS
100 1 _aRasmussen, Svend,
245 1 0 _aProduction Economics : the Basic Theory of Production Optimisation
250 _aSecond Edition.
260 _aHeidelberg :
_bSpringer,
_c[2013]
300 _axi, 292 pages ;
490 _aSpringer texts in business and economics.
500 _aIncludes index
505 _a1 Introduction -- 2 The Production Function -- 3 Optimisation with One Input -- 4 Production and Optimisation with Two or More Inputs -- 5 Costs -- 6 Productivity, Efficiency and Technological Changes -- 7 Input Demand Functions -- 8 Land and Other Inputs -- 9 The Company's Supply Function -- 10 Optimisation of Production Under Restrictions -- 11 Economies of Scale and Size -- 12 The Fixation of the Production Factors -- 13 Decreasing Sales Curve -- 14 Production Over Time -- 15 Risk and Uncertainty -- 16 Economic Rent and the Value of Land -- 17 Production of Multiple Products -- 18 The Linear Programming Model -- 19 Production Planning in the linear Production Model: Linear Programming -- 20 Use of Linear Programming in Practical Production Planning -- 21 Modelling Supply Functions Using Linear Programming.
520 _aThis 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."--Back cover
650 0 _aProduction functions (Economic theory)
650 0 _aProduction (Economic theory)
856 4 2 _uhttp://www.loc.gov/catdir/enhancements/fy1304/2012944979-d.html
856 4 1 _uhttp://www.loc.gov/catdir/enhancements/fy1304/2012944979-t.html
856 4 2 _uhttp://www.loc.gov/catdir/enhancements/fy1304/2012944979-b.html
942 _cREF
999 _c44172
_d44172