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Chapter 6

Chapter 6. Decision Making in the Short Term. Features of Short-term Decisions. Not possible to change capacity levels in the short term Capacity cost is committed (i.e., fixed) and not controllable over this horizon In long-term, we pick capacity level based on pattern of expected demand

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646 views • 47 slides

Chapter 11

Chapter 11. Capital Budgeting. Describe capital budgeting decisions and use the net present value (NPV) method to make such decisions. Learning Objective 1. Capital Budgeting. Capital budgeting describes the long-term planning for making and financing major long-term projects.

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605 views • 42 slides

Differential Models of Production: The Single Product Firm

Differential Models of Production: The Single Product Firm. Lecture XXV. Overview of the Differential Approach. Until this point we have mostly been concerned with envelopes or variations of deviations from envelopes in the case of stochastic frontier models.

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470 views • 35 slides

Differential Models of Production: The Single Product Firm

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426 views • 35 slides

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Differential approach - PowerPoint PPT Presentation

Chapter 6

Chapter 11

Differential Models of Production: The Single Product Firm

Differential Models of Production: The Single Product Firm