dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a … classification is offered of various types of substitutability and complementarity relationships between production factors. It is … argued that the neoclassical production function may be consistent with mass balance, but is unsuitable for a detailed and …

This paper examines the production and hedging decisions of the competitive firm under price uncertainty when the firm … difference between the actual profit and the maximum profit attained by making the optimal production, and hedging decisions had …

Background: Today's production facilities must be efficient in both manufacturing and maintenance. Efficiency enables … the company to maintain the required output while reducing production effort or costs. With the increasing interest in …. Every component of the production needs to be continuously monitored, which is the basis for predictive maintenance (PdM …

Poultry farming is one of the most dynamic agricultural sectors in Romania. Currently, the production activity in the … operating in the industrial system, thus highlighting a highly fragmented market. However, domestic production of eggs for the … of egg production and consumption at the national level, in the period 2016- 2020. Thus, based on statistical data …

studied in the poultry sector were: poultry, meat production, eggs production, consumption, producer prices, imports and …-2019, Romania's poultry meat production increased by 256.12 thousand tons (+ 61.54%). Romania's egg production decreased in the …

This paper develops an economic production quantity model in a three-echelon supply chain composing of a supplier, a …

a quantitative production-based model in which firms implement precautionary savings through reducing utilization rather …