Short- and long-run plant capacity notions: Definitions and comparison
| Autor: | Kristiaan Kerstens, Giovanni Cesaroni, Ignace Van de Woestyne |
|---|---|
| Přispěvatelé: | Department of Economics, IESEG School of Managementg, Lille économie management - UMR 9221 (LEM), Université d'Artois (UA)-Université catholique de Lille (UCL)-Université de Lille-Centre National de la Recherche Scientifique (CNRS), Hogeschool-Universiteit Brussel |
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
050210 logistics & transportation
Scale efficiency 021103 operations research Information Systems and Management General Computer Science Relation (database) 05 social sciences 0211 other engineering and technologies Nonparametric statistics 02 engineering and technology Management Science and Operations Research Gauge (firearms) plant capacity utilisation [SHS.ECO]Humanities and Social Sciences/Economics and Finance Industrial and Manufacturing Engineering [SHS]Humanities and Social Sciences efficiency Modeling and Simulation 0502 economics and business Econometrics Data envelopment analysis Production (economics) Data Envelopment Analysis Efficiency Plant capacity utilisation data envelopment analysis Mathematics |
| Zdroj: | European Journal of Operational Research European Journal of Operational Research, Elsevier, 2019, 275 (1), pp.387-397. ⟨10.1016/j.ejor.2018.11.023⟩ European Journal of Operational Research, 2019, 275 (1), pp.387-397. ⟨10.1016/j.ejor.2018.11.023⟩ |
| ISSN: | 0377-2217 1872-6860 |
| DOI: | 10.1016/j.ejor.2018.11.023⟩ |
| Popis: | Starting from the existing input- and output-oriented plant capacity measures, this contribution proposes new long-run input- and output-oriented plant capacity measures. While the former leave fixed inputs unchanged, the latter allow for changes in all input dimensions to gauge either a maximal plant capacity output or a minimal input combination at which non-zero production starts. We also establish a formal relation between the existing short-run and the new long-run plant capacity measures. Furthermore, for a standard nonparametric frontier technology, all linear programs as well as their variations are specified to compute all efficiency measures defining these short- and long-run plant capacity concepts. Furthermore, it is shown how the new long run plant capacity measures are identical to existing models of a variable returns to scale technology without inputs or without outputs: thus, we offer an interesting production economic justification for these models. Finally, we numerically illustrate this basic relationship between these short-run and long-run technical concepts of capacity utilisation and provide an empirical application. ispartof: EUROPEAN JOURNAL OF OPERATIONAL RESEARCH vol:275 issue:1 pages:387-397 status: published |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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