Title: Efficiency Estimation in Production: An operation and Research Approach
Publisher: Scholars' Press
Publication Date: 2013
Language: English
ISBN 10: 3639700775
ISBN 13: 9783639700770
Binding: Soft cover
Condition: New

About this title

Synopsis

The basic tool for an efficiency measurement is production function. A production function is a relationship that explains how inputs are combined to obtain a maximum possible output. This assumption assumes that the firm under consideration are technically efficient. We can say that a mechanic or organization is technically efficient, if it is adequate to meet the demands put before it or it stands up to the claims made from it. The present works of the research is aimed at constructing and solving the linear programming problems to estimate the Technical, Scale, Allocative and Overall Productive Efficiencies for certain Manufacturing Sections from different states of India.

About the Author

He is working as an Associate Professor in the Department of Basic Sciences and Humanities, Vishnavi Institute of Technology, Tirupati, Andhra Pradesh, India. He have 13 years of experience in teaching statistics. His areas of specialization are Statistical Methods, Operations Research, Business Statistics and Quantitative Techniques.

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