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Production Models and Technology

  • Peter Bogetoft
  • Lars Otto
Chapter
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 157)

Abstract

In Chap. 1, we briefly introduced the concept of a production set or a technology as a way to characterize the production possibilities in a given application. This concept is crucial in advanced benchmarking because it defines the set of possible performance outcomes against which we can evaluate the actual performance of a given firm.

Keywords

Distance Function Production Plan Convex Combination Production Model Credit Union 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer New York 2011

Authors and Affiliations

  1. 1.Department of EconomicsCopenhagen Business School CBSFrederiksbergDenmark
  2. 2.Institute of Food and Resource EconomicsUniversity of CopenhagenFrederiksberg CDenmark

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