Download or read book Optimal Firm Behaviour in the Context of Technological Progress and a Business Cycle written by Onno van Hilten and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the area of mathematical economics. It is intended to appeal to mathematical economists in the first place, economists in the second place and mathematicians in the third place. It entails an attempt to stretch the limits of the application of deterministic dynamic optimisation to economics, in particular to firm behaviour. A well-known· Dutch economist (and trained mathematician) recently stated in 1 a local university newspaper that mathematical economists give economics a bad reputation, since they formulate their problems from a mathematical point of view and they are only interested in technical, mathematical problems. At the same time, however, "profound as economists may be, when it comes to extending or modifying the existing theory to make it applicable to a certain economic problem, an understanding of optimal control theory (which is the mathematical theory used in this thesis, ovh) based solely on heuristic arguments will often turn out to be inadequate" (SydS

Download or read book Reliability Theory and Models written by Mohamed Abdel-Hameed and published by Academic Press. This book was released on 2012-12-02 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reliability Theory and Models: Stochastic Failure Models, Optimal Maintenance Policies, Life Testing, and Structures contains the proceedings of a Symposium on Stochastic Failure Models, Replacement and Maintenance Policies, and Accelerated Life Testing, held in Charlotte, North Carolina, on June 24-26, 1983. Contributors discuss the directions for research on stochastic failure models and maintenance and replacement policies, as well as statistical and computational aspects of reliability. This text is divided into five sections and is comprised of 17 chapters; the first of which introduces the reader to Markov and semi-Markov models of deterioration in light of the results on representation and characterization of Markov processes. The discussion then turns to the concept of minimal repair; situations in which the appropriate stochastic process is a damage or wear process; and optimum policies for several maintenance models based on the imperfect repair model of Brown and Proschan. The chapters that follow explore optimal replacement for self-repairing shock models; the implementation of an iterative scheme for certain Markovian wear/damage models; and a Markov decision model for determining the optimal inventories of repairable spare parts for redundant systems. This book also considers the reliability and maintenance of very large complex systems from the perspective of the U.S. Air Force. This reference material will be of interest to students and active researchers in the fields of mathematics and engineering.

Download or read book Point Processes and Queues written by P. Bremaud and published by . This book was released on 1981-09-08 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Introduction: " The emphasis has been placed on topics of interest in systems science at large...The level of exposition and the inclusion of a large number of exercises with complete detailed solutions make this book usable as a text for graduate students in applied probability, electrical engineering, computer science, and operations research. The prerequisites in probability and random processes are recalled in the Appendices."

Download or read book Naval Research Logistics Quarterly written by and published by . This book was released on 1976 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book NBS Special Publication written by and published by . This book was released on 1979 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxation Technology and the User Cost of Capital written by E. Biørn and published by Elsevier. This book was released on 2017-07-26 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definition and measurement of the cost of using real capital as an input in production has been much discussed and approached in several ways in earlier literature. This present study attempts to give a unified treatment of the cost of capital services, with emphasis on its relation to the corporate tax system on the one hand, and to the production technology of the firm on the other. It provides a thorough discussion of capital as a factor of production, relating the measurement of the price of capital services to the measurement of capital stock.A parallel treatment of capital and its service price with a neo-classical technology and with a putty-clay technology is presented. The book also discusses and unifies different concepts of neutrality of income taxation presented in the public finance literature. Illustrations based on data for the manufacturing sector of the Norwegian economy are given, relating partly to the actual tax system and partly to more or less hypothetical tax reforms. The study is intended to serve as a reference for researchers in econometric model building, corporate investment behaviour, tax analysis, and national accounting.

Download or read book Operating Systems written by Remzi H. Arpaci-Dusseau and published by Createspace Independent Publishing Platform. This book was released on 2018-09 with total page 714 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is organized around three concepts fundamental to OS construction: virtualization (of CPU and memory), concurrency (locks and condition variables), and persistence (disks, RAIDS, and file systems"--Back cover.

Download or read book Advances in Safety Reliability and Risk Management written by Christophe Berenguer and published by CRC Press. This book was released on 2011-08-31 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering a wide range of topics on safety, reliability and risk management, the present publication will be of interest to academics and professionals working in a wide range of scientific, industrial and governmental sectors, including: Aeronautics and Aerospace; Chemical and Process Industry; Civil Engineering; Critical Infrastructures; Energy; Information Technology and Telecommunications; Land Transportation; Manufacturing; Maritime Transportation; Mechanical Engineering; Natural Hazards; Nuclear Industry; Offshore Industry; Policy Making and Public Planning.

Download or read book An Introduction to Optimization Techniques written by Vikrant Sharma and published by CRC Press. This book was released on 2021-04-19 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Introduction to Optimization Techniques introduces the basic ideas and techniques of optimization. Optimization is a precise procedure using design constraints and criteria to enable the planner to find the optimal solution. Optimization techniques have been applied in numerous fields to deal with different practical problems. This book is designed to give the reader a sense of the challenge of analyzing a given situation and formulating a model for it while explaining the assumptions and inner structure of the methods discussed as fully as possible. It includes real-world examples and applications making the book accessible to a broader readership. Features Each chapter begins with the Learning Outcomes (LO) section, which highlights the critical points of that chapter. All learning outcomes, solved examples and questions are mapped to six Bloom Taxonomy levels (BT Level). Book offers fundamental concepts of optimization without becoming too complicated. A wide range of solved examples are presented in each section after the theoretical discussion to clarify the concept of that section. A separate chapter on the application of spreadsheets to solve different optimization techniques. At the end of each chapter, a summary reinforces key ideas and helps readers recall the concepts discussed. The wide and emerging uses of optimization techniques make it essential for students and professionals. Optimization techniques have been applied in numerous fields to deal with different practical problems. This book serves as a textbook for UG and PG students of science, engineering, and management programs. It will be equally useful for Professionals, Consultants, and Managers.

Download or read book Social Insurance Informality and Labor Markets written by Markus Frölich and published by OUP Oxford. This book was released on 2014-12-04 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most countries implement social protection programs to help individuals manage risks such as unemployment, disability, illness, longevity or death. In many middle income countries, these are often based on a 'Bismarckian model' (named after Otto von Bismarck), where benefits are financed by contributions levied on salaried employment. In countries with a large informal sector, however, only a fraction of the population is covered by this system and non-contributory programs have been added or are planned to increase coverage. This can create distortions in the labor market, and the book is about policies to expand the coverage of social insurance programs to all workers, without reducing incentives to job creation and formal work. While few would argue against the need and social merits of social insurance and social assistance programs there are growing concerns about their unintended consequences on labor markets because of poor design. The programs can distort incentives and individual behaviors in ways that either reduce employment levels and/or promote informality, ultimately affecting productivity and economic performance. For instance, high social security contribution rates can reduce formal employment; badly designed unemployment benefits can reduce incentives to keep, search, and take jobs; and fragmented social assistance programs can become a tax on formal labor and encourage informality. The book reviews the evidence regarding the effects of social insurance and social assistance programs on labor market outcomes and discusses options to improve their design and implementation. The book focuses particularly on middle income countries in Latin America and Asia with a large informal sector and suggests ways to reduce these distortions and better manage and finance the subsidies to make coverage universal, while creating good jobs. The book compiles expert papers from the joint conferences of the World Bank (WB), the Institute for the Study of Labor (IZA) and the Inter-American Development Bank (IDB) on Employment and Development.

Download or read book Approximation and Online Algorithms written by Thomas Erlebach and published by Springer. This book was released on 2013-12-11 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post workshop proceedings of the 10th International Workshop on Approximation and Online Algorithms, WAOA 2012, held in Ljubljana, Slovenia, in September 2012 as part of the ALGO 2012 conference event. The 22 revised full papers presented together with invited talk were carefully reviewed and selected from 60 submissions. The workshop covered areas such as geometric problems, online algorithms, scheduling, algorithmic game theory, and approximation algorithms.

Download or read book Reliability Fundamentals written by V.M. Catuneanu and published by Elsevier. This book was released on 2012-12-02 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of modern technologies has enlarged the scope of quality, to include aspects concerning the time varying performances of systems. The general property of a system, to conserve its performance in time, is known as reliability. The concept of reliability, developed on the basis of electronic technology, can be generalized to describe any system, be it technical, biological or even social. This work is concerned with technological systems, but many of its ideas can be applied successfully outside the purely technical field. A comprehensive treatment of the various models and methodologies employed in the reliability field is given. The mathematical, physical and engineering concepts related to reliability are presented from a unitary point of view. Moreover, the book provides the theoretical background for the methodologies of reliability assurance and assessment. A global model of system reliability is specified by classical estimation of its parameters from experimental data. The practical difficulties related to the amount of data needed for an accurate estimation is examined in detail.A major improvement on the accuracy of a model is provided by the application of Bayesian statistical theory, thereby making use of all the information available on the reliability of the system. The next section describes the relationship between reliability and stress. It introduces the models of reliability extrapolation and the theory of accelerated life tests. The global model is extended to systems that are subject to renewal and leads to specific reliability indices of system effectiveness. A comparison is given on structural models of system reliability together with the appropriate methods of analysis. The limitations and the areas of application of different models are clearly outlined.The book maintains a good balance between the theoretical and the practical point of view. It is sufficiently theoretical to cover most technical systems, but is not restricted to purely mathematical aspects. The interpretations and the applications of the models are presented in detail, enabling the practitioner to make direct use of many results.

Download or read book Scientific and Technical Aerospace Reports written by and published by . This book was released on 1991 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Annual Department of Defense Bibliography of Logistics Studies and Related Documents written by United States. Defense Logistics Studies Information Exchange and published by . This book was released on 1967 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book INFOR written by and published by . This book was released on 2001 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Technical Bulletin written by and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Stochastic Models in Reliability Theory written by S. Osaki and published by Springer Science & Business Media. This book was released on 2013-03-08 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: