Efficient Production Process Algebra
نویسندگان
چکیده
Micro-economic theory defines productions as the process of transforming inputs (production factors) into outputs (products). In order to explain efficient production and to provide means to select the best alternative from a set of possible production processes, two fundamental theories have been developed: The so called activity analysis [KOOPMANS 51] and the theory of production correspondences [SHEPHARD 70].
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