TY - GEN T1 - Production Economics The Basic Theory of Production Optimisation A1 - Rasmussen, Svend LA - English PP - Berlin, Heidelberg PB - Springer Berlin Heidelberg Imprint: Springer YR - 2011 UL - https://ds.mainlib.upd.edu.ph/Record/UP-99796217611000660 AB - This book covers the basic theory of how, what and when firms should produce to maximise profits. Based on the neoclassical theory of the firm presented in most general microeconomic textbooks, it extends the general treatment and focuses on the application of the theory to specific problems that the firm faces when making production decisions to maximise profits. Increasing level of government regulation and the use of specialised and often very expensive equipment in modern production motivates the following focus areas: 1) How to optimise production under restrictions., 2) Treatment of fixed inputs and the process of input fixation, 3) Optimisation of production over time, 4) Linear and Mixed Integer Programming as tools for optimisation in practice. OP - 300 SN - 9783642146107 (eBook) SN - 3642146104 (eBook) KW - Production (Economic theory). KW - Electronic books. ER -