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Production Economics

Integrating the Microeconomic and Engineering Perspectives

  • Steven T.¬†Hackman

Table of contents

  1. Front Matter
    Pages I-XXVI
  2. Overview

    1. Pages 1-15
  3. Microeconomic Foundations

    1. Front Matter
      Pages 17-17
    2. Pages 19-33
    3. Pages 71-96
    4. Pages 109-123
  4. Efficiency Measurement

  5. Productivity and Performance Measurement

    1. Front Matter
      Pages 221-221
    2. Pages 223-240
    3. Pages 241-255
    4. Pages 257-270
    5. Pages 271-291
  6. Engineering Models of Technology

  7. Back Matter
    Pages 433-520

About this book

Introduction

A production economist focuses on assessment, and will use an aggregate description of technology to answer such questions as: How does the firm compare to its competitors? Has the firm improved its production capabilities? A production engineer focuses on optimizing resources, and will use a detailed description of technology to answer a completely different set of questions: Which operations or plants should produce which products at what time? Should resource capacity be expanded and, if so, which resources should be acquired? Each group could benefit from the other group's perspective. This book offers a unified, integrated point of view that bridges the gap between these two historically distinct perspectives.

Keywords

Efficiency Measurement Performance Measurement Production Economics Production Planning Productivity Measurement production productivity

Authors and affiliations

  • Steven T.¬†Hackman
    • 1
  1. 1.Georgia Institute of TechnologyAtlantaUSA

Bibliographic information