Learning by doing in a T-period production planning: analytical solution

Article Abstract:

As firms accumulate experience, shift down in the production cost function takes place in many industries. The analytical solution for a class of discrete time T-period learning by doing problems is dealt with.

Evaluation, Microeconomics, Production planning

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The law of one price in data envelopment analysis: restricting weight flexibility across firms

Article Abstract:

An analysis and use of The Law of One Price in data envelopment analysis is presented with focus on restricting weight flexibility across firms. Cost efficiency measures are used for the study.

Belgium, Usage, Data envelopment analysis

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How big is too big? Trading off the economies of scale of larger telecommunications network elements against the risk of larger outages

Article Abstract:

A study uses a probabilistic model to examine the cost saving benefits as well as loss caused by failure of large machines used in telecommunications networks.

United States, General services, Economic aspects, Machinery, Maintenance and repair, Probabilities, Probability theory, Magneto-electric machines

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