Cost Of Production

Author : R.W. Shephard
Publisher : Springer Science & Business Media
Page : 116 pages
File Size : 53,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642515781

Get Book

Cost and Production Functions by R.W. Shephard Pdf

This study is the result of an interest in the economic theory of production intermittently pursued during the past three years. Over this period I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer sity under the direction of Professor Oskar Morgenstern. Grateful acknowledgement is made to the ·Office of Naval Research for this support and to Professor Morgenstern, in particular, for his interest in the puolication of this research. The responsibility for errors and omissions, how ever, rests entirely upon the author. Professor G. C. Evans has given in terms of a simple total cost function, depending solely upon output rate, a treatment of certain aspects of the economic theory of production which has inherent generality and convenience of formulation. The classical approach of expressing the technology of production by means of a production function is potentially less restrictive than the use of a simple total cost function, but it has not been applied in a more general form other than to derive the familiar conditions between marginal productivities of the factors of produc tion and their market prices.

Author : Rolf Färe,Shawna Grosskopf
Publisher : Springer Science & Business Media
Page : 178 pages
File Size : 52,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461226260

Get Book

Cost and Revenue Constrained Production by Rolf Färe,Shawna Grosskopf Pdf

The basic notion underlying this monograph - budget or revenue constrained models of production - we owe to Ronald W. Shephard, who recognized its fundamental importance in modeling behavior in a wide variety of settings including the service and public sector. Our endeavor here is to extend Shephard's earlier work in several directions while maintaining his axiomatic approach. Our contributions include an expanded set of duality results and a general bent toward empirical implementation: including various parameterizations, applications to efficiency and productivity measurement, and shadow pricing. We hope to provide those engaged in empirical work with some powerful and useful tools which have received relatively little attention. The nature of the material in this monograph is somewhat technical, however, the level of mathematical difficulty is standard. Although we have tried to keep the monograph fairly self-contained, we have also kept technical detail to a minimum in the body of the text. Many technical extensions appear as problems at the ends of Chapters. The reader is also referred to the notes at the end of each chapter for references to additional literature. A prepublication draft of this manuscript was used as lecture notes in a graduate course in production theory at the Department of Economics at Bilkent University. We thank our students as well as faculty members for their patience and interest. Special thanks go to Dean Togan, Zeynap Koksal and Ali Dogramaci for making our stay in Ankara not only productive, but also enjoyable.

Author : Burt Clifford Bean
Publisher : Unknown
Page : 214 pages
File Size : 51,9 Mb
Release : 1905
Category : Cost
ISBN : UCAL:$B50109

Get Book

The Cost of Production by Burt Clifford Bean Pdf

Author : David F. Heathfield,Sören Wibe
Publisher : Unknown
Page : 0 pages
File Size : 44,5 Mb
Release : 1987
Category : Cost
ISBN : 039103507X

Get Book

An Introduction to Cost and Production Functions by David F. Heathfield,Sören Wibe Pdf

Author : Günter Fandel
Publisher : Springer Science & Business Media
Page : 415 pages
File Size : 51,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642768125

Get Book

Theory of Production and Cost by Günter Fandel Pdf

Production theory and the theory of cost both belong to the central areas of business administration, for all considerations concerning the economic organization of industrial manufacturing processes start from these. Two developments in the past 30 years have had a considerable influence on the structure and the concentration on points of emphasis in this book. I am referring to findings from KOOPMANS' activity analysis and to the formulation by GUTENBERG of a production function concept that focuses on industrial production processes. Activity analysis has made it possible to develop, from a uniform approach, different types of production functions which describe the concrete principles of production in the productive sector of a business enterprise; this has created a common basis for all production concepts in business administration. The Gutenberg Production Function with its different kinds of adjustment to a changing output has opened up a flexibility to theoretical and practical considerations that gave rise to a large number of additional studies in this area. Considerations in cost theory were in particular need of considerable extensions in the direction of cost minimal combined adjustment processes. By means of the organization of its contents, this book will take both approaches into due account. In that way, it is vastly different from other books dealing with the same subject. As a matter of course, traditional analytical methods and ways of thinking also constitute a large part of the book.

Author : Burt Clifford Bean
Publisher : Palala Press
Page : 214 pages
File Size : 45,7 Mb
Release : 2016-05-17
Category : Electronic
ISBN : 1357057288

Get Book

The Cost of Production by Burt Clifford Bean Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : Burt Clifford 1874- Bean
Publisher : Wentworth Press
Page : 212 pages
File Size : 49,7 Mb
Release : 2016-08-25
Category : History
ISBN : 1361559020

Get Book

The Cost of Production; The Principles of the Science of Costs, with Illustrative Examples by Cost Experts for Various Lines of Manufacturing Industry; by Burt Clifford 1874- Bean Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : B. C. Bean
Publisher : CreateSpace
Page : 208 pages
File Size : 43,7 Mb
Release : 2015-03-11
Category : Business & Economics
ISBN : 1508829152

Get Book

The Cost of Production by B. C. Bean Pdf

From the PREFACE. The development of manufacturing and the interests closely related to it has seen a corresponding growth in the science of costs. Nowhere has the application of scientific methods to the productive end of a business yielded larger returns than here. The productive sciences are so closely and intimately related to cost reduction that increased production calls for and demands with increase in volume of a product a corresponding decrease in its cost. The reasons for this demand are manifold. They are at the same time empirical and scientific. Empiricism arbitrarily demands reduced cost. Scientific methods show how cost reduction can be effected. Contrary to general opinion, there is considerable literature extant on the science of costs. Several works treat the subject from their individual standpoints; many papers of great merit have been presented before various engineering, auditing, and bookkeeping societies, and the technical press — ever to the fore in disseminating valuable information — has been, perhaps, the most important medium of all for furthering the work. All literature on this important subject seems to have been included in either of two classes: either an exposition of a working system or systems, or an unrelated set of statements concerning the science. In this work an attempt has been made to give an exposition of the science from a broad standpoint applicable to any business; to arrange the elements in logical order, giving due weight to proper authorities; to unify and blend the whole so as to furnish true information to the student of the science and at the same time not be too elementary for the experienced cost expert. Finally, a number of cost systems with forms have been added, as operated by various experts in this particular line, with the idea of making a work of real worth to those wishing exact information on this subject. Careful search has been made of all the available literature on the subject, a large number of manufacturing plants have been investigated and numerous personal interviews have been had with those conversant with the subject of costs in order to secure the information necessary for a work of this character. It is hoped that the information here set forth will be found of service and add its required quota to the upbuilding of the business sciences, at the same time maintaining the high standard set by the preceding volumes of the Business Man's library, of which this book is the third number. —THE AUTHOR.

Author : Katrina Avila Munichiello
Publisher : Tuttle Publishing
Page : 256 pages
File Size : 47,8 Mb
Release : 2017-03-21
Category : Literary Collections
ISBN : 0804848998

Get Book

A Tea Reader by Katrina Avila Munichiello Pdf

A Tea Reader contains a selection of stories that cover the spectrum of life. This anthology shares the ways that tea has changed lives through personal, intimate stories. Read of deep family moments, conquered heartbreak, and peace found in the face of loss. A Tea Reader includes stories from all types of tea people: people brought up in the tea tradition, those newly discovering it, classic writings from long-ago tea lovers and those making tea a career. Together these tales create a new image of a tea drinker. They show that tea is not simply something you drink, but it also provides quiet moments for making important decisions, a catalyst for conversation, and the energy we sometimes need to operate in our lives. The stories found in A Tea Reader cover the spectrum of life, such as the development of new friendships, beginning new careers, taking dream journeys, and essentially sharing the deep moments of life with friends and families. Whether you are a tea lover or not, here you will discover stories that speak to you and inspire you. Sit down, grab a cup, and read on.

Author : Ronald William Shephard
Publisher : Princeton University Press
Page : 320 pages
File Size : 52,7 Mb
Release : 2016-04-19
Category : Business & Economics
ISBN : 9780691647524

Get Book

Theory of Cost and Production Functions by Ronald William Shephard Pdf

A sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the economic theory of production. The approach is axiomatic for a definition of technology, by mappings of input vectors into subsets of output vectors that represent the unconstrained technical possibilities of production. To provide a completely general means of characterizing a technology, an alternative to the production function, called the Distance Function, is introduced. The duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems. The special class of production structures called Homothetic is given more general definition and extended to technologies with multiple outputs. Originally published in 1971. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Author : Silvio de Oliveira Junior
Publisher : Springer Science & Business Media
Page : 341 pages
File Size : 51,9 Mb
Release : 2012-11-02
Category : Technology & Engineering
ISBN : 9781447141655

Get Book

Exergy by Silvio de Oliveira Junior Pdf

Bridging the gap between concepts derived from Second Law of Thermodynamics and their application to Engineering practice, the property exergy and the exergy balance can be a tool for analyzing and improving the performance of energy conversion processes. With the exergy analysis it is possible to evaluate the performance of energy conversion processes not only on a thermodynamics basis but also by including production costs and environmental aspects and impacts of the studied processes. This comprehensive approach of the use of energy has, as one of the most important feature, the identification of sustainable ways of energy resources utilization. Based on the fundamentals of the exergy concept, its calculation, graphical representations and exergy balances evaluation, Exergy: Production Cost And Renewability describes the application of detailed exergy and thermoeconomic analysis to power plants and polygeneration systems, petroleum production and refining plants (including hydrogen production), chemical plants, biofuel production routes, combined production of ethanol and electricity, aircraft systems design, environmental impact mitigation processes and human body behavior. The presented case studies aim at providing students, researchers and engineers with guidelines to the utilization of the exergy and thermoeconomic analysis to model, simulate and optimize real processes and industrial plants.

Author : Mitchell Franklin,Patty Graybeal,Dixon Cooper
Publisher : Unknown
Page : 746 pages
File Size : 52,5 Mb
Release : 2019-02-14
Category : Electronic
ISBN : 1680922947

Get Book

Principles of Accounting Volume 2 - Managerial Accounting by Mitchell Franklin,Patty Graybeal,Dixon Cooper Pdf

A less-expensive grayscale paperback version is available. Search for ISBN 9781680922936. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Author : B. C. Bean
Publisher : Wentworth Press
Page : 210 pages
File Size : 44,7 Mb
Release : 2019-03-15
Category : Business & Economics
ISBN : 1010218336

Get Book

The Cost of Production by B. C. Bean Pdf

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Author : Frank Hyneman Knight
Publisher : Unknown
Page : 44 pages
File Size : 55,6 Mb
Release : 192?
Category : Cost
ISBN : OCLC:83226885

Get Book

Cost of Production and Price Over Long and Short Periods by Frank Hyneman Knight Pdf

Author : Barbara Gemmill-Herren,Lauren E. Baker,Paula A. Daniels
Publisher : Routledge
Page : 248 pages
File Size : 54,7 Mb
Release : 2021-06-22
Category : Business & Economics
ISBN : 9781000389982

Get Book

True Cost Accounting for Food by Barbara Gemmill-Herren,Lauren E. Baker,Paula A. Daniels Pdf

This book explains how True Cost Accounting is an effective tool we can use to address the pervasive imbalance in our food system. Calls are coming from all quarters that the food system is broken and needs a radical transformation. A system that feeds many yet continues to create both extreme hunger and diet-related diseases, and one which has significant environmental impacts, is not serving the world adequately. This volume argues that True Cost Accounting in our food system can create a framework for a systemic shift. What sounds on the surface like a practice relegated to accountants is ultimately a call for a new lens on the valuation of food and a new relationship with the food we eat, starting with the reform of a system out of balance. From the true cost of corn, rice and water, to incentives for soil health, the chapters economically compare conventional and regenerative, more equitable farming practices in and food system structures, including taking an unflinching look at the true cost of cheap labour. Overall, this volume points towards the potential for our food system to be more human-centred than profit-centred and one that has a more respectful relationship to the planet. It sets forth a path forward based on True Cost Accounting for food. This path seeks to fix our current food metrics, in policy and in practice, by applying a holistic lens that evaluates the actual costs and benefits of different food systems, and the impacts and dependencies between natural systems, human systems, agriculture and food systems. This volume is essential reading for professionals and policymakers involved in developing and reforming the food system, as well as students and scholars working on food policy, food systems and sustainability.