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The International Journal of Production Economics focuses on topics treating the interface between engineering and management. All aspects of the subject in relation to manufacturing and process industries, as well as production in general are covered.
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Production (economics) Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output. Ideally this output will be a good or service which has value and contributes to the utility of individuals. [1]
2024年1月31日 · Production economics is a branch of economics that focuses on studying the production process and allocating resources to maximize production efficiency. It examines how firms decide the optimal combination of inputs (labor, capital, and raw materials) to produce goods and services.
theory of production, in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw material, fixed capital good, etc., that it employs (its “inputs” or “factors of production”) it will use.
About this book. 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 ...
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Handbook of Production Economics. Reference work. © 2022. Download book PDF. Download book EPUB. Overview. Editors: Subhash C. Ray, Robert G. Chambers, Subal C. Kumbhakar. Presents an overview of neoclassical production economics. Includes the Dual approach to production analysis and puts modern production economics in proper historical perspective