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Author: Thomas R. Jr. Gulledge Publisher: Springer Science & Business Media ISBN: 1468463845 Category : Business & Economics Languages : en Pages : 421
Book Description
Cost Analysis is an emerging sub-discipline of Economics and Operations Research. This is the first collection of readings that spans the discipline. The contributions are both theoretical and applications oriented. This book is directed to researchers in Economics, Operations Research, Industrial Engineering, and Managerial Accounting. In particular, the book provides an overview of the types of problems that are of interest to cost researchers. These papers are a subset of the papers that were presented at the 1989 Joint National Meeting of the Institute of Cost Analysis and the National Estimating Society in Washington, D.C.
Author: Thomas R. Jr. Gulledge Publisher: Springer Science & Business Media ISBN: 1468463845 Category : Business & Economics Languages : en Pages : 421
Book Description
Cost Analysis is an emerging sub-discipline of Economics and Operations Research. This is the first collection of readings that spans the discipline. The contributions are both theoretical and applications oriented. This book is directed to researchers in Economics, Operations Research, Industrial Engineering, and Managerial Accounting. In particular, the book provides an overview of the types of problems that are of interest to cost researchers. These papers are a subset of the papers that were presented at the 1989 Joint National Meeting of the Institute of Cost Analysis and the National Estimating Society in Washington, D.C.
Author: M. H. Beilby Publisher: Academic Press ISBN: 1483268748 Category : Business & Economics Languages : en Pages : 185
Book Description
Economics and Operational Research explores the possible connections of the organization of human and material resources by concentrating on the interpretations of management decisions at various levels in the economy. This book discusses economics and mathematics as an analytical tool. Organized into 10 chapters, this book begins with an overview of how consumers manage their own budgets and how manufacturers select their production processes. This text then described generally how consumers and producers react to each other. Other chapters consider the problem of the transportation of goods through busy road networks and the efficiency attained through central planning. This book discusses as well the control of congestion that arises through decentralization and the construction of an overall planning model. The final chapter discusses the important aspects of national planning, wherein the collection of all consumers and producers makes up one large economic system. This book is a valuable resource for management and engineering personnel.
Author: Thomas R. Jr. Gulledge Publisher: Springer ISBN: 9781468463859 Category : Business & Economics Languages : en Pages : 425
Book Description
Cost Analysis is an emerging sub-discipline of Economics and Operations Research. This is the first collection of readings that spans the discipline. The contributions are both theoretical and applications oriented. This book is directed to researchers in Economics, Operations Research, Industrial Engineering, and Managerial Accounting. In particular, the book provides an overview of the types of problems that are of interest to cost researchers. These papers are a subset of the papers that were presented at the 1989 Joint National Meeting of the Institute of Cost Analysis and the National Estimating Society in Washington, D.C.
Author: Willis R., Jr. Greer Publisher: Springer Science & Business Media ISBN: 1461209951 Category : Mathematics Languages : en Pages : 302
Book Description
Changes in production processes reflect the technological advances permeat ing our products and services. U. S. industry is modernizing and automating. In parallel, direct labor is fading as the primary cost driver while engineering and technology related cost elements loom ever larger. Traditional, labor-based ap proaches to estimating costs are losing their relevance. Old methods require aug mentation with new estimating tools and techniques that capture the emerging environment. This volume represents one of many responses to this challenge by the cost analysis profession. The Institute of Cost Analysis (lCA) is dedicated to improving the effective ness of cost and price analysis and enhancing the professional competence of its members. We encourage and promote exchange of research findings and appli cations between the academic community and cost professionals in industry and government. The 1990 National Meeting in Los Angeles, jointly spo~sored by ICA and the National Estimating Society (NES), provides such a forum. Presen tations will focus on new and improved tools and techniques of cost analysis. This volume is the second in a series. The first was produced in conjunction with the 1989 National Meeting of ICA/NES in Washington, D.C. The articles in this volume, all refereed, were selected from about 100 submitted for presen tation at the Los Angeles meeting.
Author: Gunnar Brennscheidt Publisher: Springer Science & Business Media ISBN: 3642957188 Category : Business & Economics Languages : en Pages : 234
Book Description
This book describes a series of laboratory experiments (with a total of 167 independent subjects) on forecasting behavior. In all experiments, the time series to be forecasted was generated by an abstract econometric model involving two or three artificial exogenous variables. This designprovides an optimal background for rational expectations and least-squares learning. As expected, these hypotheses do not explain observed forecasting behavior satisfactorily. Some phenomena related to this lack of rationality are studied: Concentration on changes rather than levels,underestimation of changes and overvaluation of volatile exogenous variables. Some learning behavior is observed. Finally, some aspects of individual forecasts such as prominence of "round" number, dispersion, etc.,are studied.
Author: Antoon van den Elzen Publisher: Springer Science & Business Media ISBN: 3642481337 Category : Business & Economics Languages : en Pages : 155
Book Description
This monograph is a treatise on adjustment processes. We consider price adjustment processes in exchange economies and strategy adjustment processes in noncooperative games. In the most simple version of an exchange economy, i.e. a pure exchange economy, there exist markets on which prices are determined by the demand and supply created by a finite number of consumers willing to exchange their initial endowments in order to maximize their utilities. An equilibrium situation is attained if, for some price vector, demand equals supply in all markets. Starting from a situation not being an equi librium an adjustment process reaches an equilibrium via adaptations of prices. The advantage of the adjustment processes we will present in this monograph is that they exist and converge under far weaker assumptions than existing processes. The second subject concerns the problem of finding Nash equilibria in noncooperative games. A Nash equilibrium is a situation from which no player can improve his position by unilaterally changing his strategy. We present a new algorithm for finding such equilibria. The sequence of stra tegy vectors generated by the algorithm can be interpreted as the path followed by a strategy adjustment process.
Author: Geert Dhaene Publisher: Springer Science & Business Media ISBN: 3642468322 Category : Business & Economics Languages : en Pages : 169
Book Description
The history of many sciences is characterized by an almost continuous emer gence of new theories. From a normative point of view, the survival of a new theory should mainly be determined by its ability to explain a new body of facts which the existing theories are unable to explain. If in addition the new theory is able to explain all the results obtained by the existing theories and if it can point out why these theories fail to explain certain facts, it should become the dominant theory. Otherwise, it might coexist with other theories for some time. Hence, a new theory ought to be judged not only by confronting it with existing facts, but also by confronting it with existing theories. The idea that a theory should be able to account for the results ob tained by other theories, although implicitly adhered to by many scientists, has rarely been formalized. The statistics literature on parametric hypoth esis testing, though, might be seen as an instance of such a formalization.
Author: Thomas R. Jr. Gulledge
Author: Thomas R. Jr. Gulledge
Author: 
Author: M. H. Beilby
Author: Thomas R. Jr. Gulledge
Author: Thomas R. Gulledge
Author: Willis R., Jr. Greer
Author: Francis Yin Yee Lau
Author: Gunnar Brennscheidt
Author: Antoon van den Elzen
Author: Geert Dhaene