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Book Cover
E-book
Author Rasmussen, Svend

Title Optimisation of production under uncertainty : the state-contingent approach / Svend Rasmussen
Published Heidelberg ; Dordrecht : Springer Verlag, 2011

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Description 1 online resource (viii, 81 pages) : illustrations
Series Springer briefs in economics
SpringerBriefs in economics.
Contents Preface -- 1 Introduction -- 2 Decision Theory Elements -- 3 Utility Function -- 4 State-Contingent Outcome and Preference -- 5 Preferences and Subjective Probabilities -- 6 Formulation of the Decision Problem -- 7 Connections Between Input and State-Contingent Output -- 8 Optimising Production Under Uncertainty -- 9 Summary and Conclusion -- References
Summary The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in optimising production under uncertainty
Analysis economie
economics
bedrijfswetenschap
management science
microeconomics
economische theorie
economic theory
ketenmanagement
supply chain management
logistiek
logistics
Management studies, Business Administration, Organizational Science (General)
Management, bedrijfskunde, organisatiekunde (algemeen)
Bibliography Includes bibliographical references
Notes Print version record
Subject Production functions (Economic theory) -- Mathematical models
BUSINESS & ECONOMICS -- Industries -- General.
Science économique.
Affaires.
Production functions (Economic theory) -- Mathematical models
Entscheidung bei Unsicherheit
Nutzenfunktion
Produktionsfunktion
Produktionstheorie
Entscheidung bei Unsicherheit.
Nutzenfunktion.
Produktionsfunktion.
Produktionstheorie.
Form Electronic book
ISBN 9783642216862
3642216862