Optimisation of Production Under Uncertainty
The State-Contingent Approach
Business & Finance, Economics, Microeconomics, Management & Leadership, Production & Operations Management
| Author: | Svend Rasmussen | ISBN: | 9783642216862 |
| Publisher: | Springer Berlin Heidelberg | Publication: | July 23, 2011 |
| Imprint: | Springer | Language: | English |
| Author: | Svend Rasmussen |
| ISBN: | 9783642216862 |
| Publisher: | Springer Berlin Heidelberg |
| Publication: | July 23, 2011 |
| Imprint: | Springer |
| Language: | English |
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.
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.
