scholarly journals STUDY OF PRODUCTION FUNCTIONS OF A PORT TERMINAL DURING THE TRANSITION TO THE USE OF MOBILE HANDLING SYSTEMS

Author(s):  
Evgeny Vladimirovich Sinelschikov ◽  
Marina Semenovna Turpishcheva

The production activity of the port terminal is based on the capabilities of handling equipment and transportation and technological schemes of its use. Use of the production function to describe the operation of the port terminal with crane mechanization scheme helps modelling production system when replacing the main machines by mobile transshipment systems, taking into account the identified links between the amount of port terminal resources expended and the actual result in the provision of services by the port for transshipment of goods from one mode of transport to another

2018 ◽  
Vol 10 (2) ◽  
pp. 324-332
Author(s):  
L.Z. Khrushch

In the paper, we investigate two-criterion optimization problem: maximization of one target function and minimization of another target function. To solve the offered two-criterion problem, the method of the main criterion is applied. We consider the problem of production activity of the ecological-economic system with the maximization of the value of the final product as the first target function and the minimization of emissions of polluters into the environment as the second target function. We constructed of two production functions (economic and ecological). To construct the economic production function, we select  maximal producing of the final products in a costing form as the most essential (main) criterion. Also, there is introduced the appropriate data of the criterion level total volume of emissions of polluters into the environment. After this two-criteria problem is reduced to one-criteria problem. For the construction of ecological production function, the main criterion in the problem of the minimal general volume of emissions of polluters into the environment is defined. We use a parameter of the criterion level of the second criterion and obtained one-criterion problem. Therefore, investigation of the appropriate dual problems explicitly provides economic and ecological production functions to the deduced one-criterion problems. These functions in input two-criterion problem give way to optimal manage of ecological-economic system.


2012 ◽  
Vol 2012 ◽  
pp. 1-22 ◽  
Author(s):  
Serena Brianzoni ◽  
Cristiana Mammana ◽  
Elisabetta Michetti

We study the dynamics shown by the discrete time neoclassical one-sector growth model with differential savings while assuming a nonconcave production function. We prove that complex features exhibited are related both to the structure of the coexixting attractors and to their basins. We also show that complexity emerges if the elasticity of substitution between production factors is low enough and shareholders save more than workers, confirming the results obtained while considering concave production functions.


2021 ◽  
Author(s):  
Jiří Mihola

The monograph develops the theory of production functions and their systematic typology. It looks at the relationship between inputs and outputs as a universal relationship that is used not only in economics but also in other disciplines. In addition to the static production function, special attention is paid to the dynamization of individual quantities and the issue of expressing the effect of changes in these quantities on the change in production. It is explained why in the aggregate production function expressed through aggregate factor input and aggregate factor productivity it is necessary to use a multiplicative relationship, why the multiplicative link is also suitable in terms of total input factor and why the share of weights in labor and capital should be the same. The use of the production function is demonstrated on the development of the economies of the USA, China and India and on the ten largest economies of the world in terms of absolute GDP, on cryptocurrencies and on the so-called farming role.In addition to a comprehensive overview of production functions, the monograph also enriches new ideas that arose during long-term computational and analytical activities of economic and business. Particularly innovative is the generalization of the production function to any system with variable inputs and outputs. The production function can thus be recognized in many identities. The original intention of the research was to examine the intensity of economic development, but it turned out that it is closely related to production functions. The impetus for this research comes from Prof. Ing. František Brabec, DrSc. a genius mathematician, designer, economist and manager, former general director of Škoda in Pilsen and later rector of ČVÚT.The presented typology of production functions is not limited to one area of economics, but goes beyond it. The monograph respects the definition of the static production function as the maximum amount of production that can be produced with a given number of production factors. On this function, which can be effectively displayed using polynomial functions of different orders,significant points can be systematically defined, ie the inflection point, the point of maximum efficiency, the point of maximum profit and the point of maximum production. The purpose is to optimize the number of inserted production factors. The text is preferred the point with the greatest effectiveness. If this quantity does not correspond, for example, to demand, it is possible to choose another technology, which will be reflected in a shift in the static production function. At the same time, the important points of these functions describe the trajectory, which has the nature of a dynamic production function. For a dynamic production function, the crucial question is how the change in individual factors contributes to the overall change in output. If the production function is expressed through inputs and their efficiency, dynamic parameters of extensibility and intensity can be defined, which exactly express the effect of changes in inputs and the effect of changes in efficiency on changes in outputs for all possible situations. Special attention is paid to the aggregate production function. It explains why it should be expressed as the product of the aggregate input factor (TIF) and aggregate factor productivity (TFP), or why the term TIF should be expressed as a weighted product of labor and capital, in which the value of labor and capital weights could be and identical. The monograph here surpasses the traditional additive view of the multi-factor production function by proposing a multiplicative link, which also allows the derivation of growth accounting, but with a new interpretation of weights and (1-), which do not need to be calculated for each subject and each year.The time production function is used to forecast the GDP development of the US, China and India economies until 2030 and 2050, respectively. It is also predicted an increase in the absolute GDP of Indonesia, a stable position of Russia and the loss of the elite position of Japan and Germany.The monograph also deals with the hitherto unresolved question of whether, even in economics, it is also necessary in certain circumstances to take into account a phenomenon called quantization in physics. It turns out that quantization is a common thing in economics, which is documented on specific forms of production functions that respect quantization in economics.The monograph also deals with the relationship between the efficiency of an individual given the use of a certain point on a specific static production function and common efficiency, ie all actors together. These examples assume limited resources. The sum of the outputs of all actors depends on how the actors share these limited resources. It can be expected that there will be at least one method of distribution that will bring the highest sum of outputs (products, crops) of all actors. This result, however, also depends on the shape of the production functions. This is investigated using EDM, i.e.elementary distribution models. EDM for polynomial production functions of the 2nd to 5th order are not yet published in summary. Of the new findings, they are the most interesting. When using two polynomial production functions, the EDM boundary becomes linear if the inflection point is used for both production functions. If we are above the inflection point, the EDM is properly concave. It turned out that the "bending" of the production function in the region of the inflection point can be modeled using a quantity of the order of the respective polynomial. The higher the order of the polynomial, the higher the deflection can be achieved. This proved to be a very important finding in modeling specific production functions. This effect cannot be achieved by combining other parameters.


Author(s):  
Юлия Пиньковецкая

Целью исследования являлась оценка двухфакторной производственной функции, характеризующей взаимосвязь обо-рота микропредприятий от величины заработной платы работников и потока инвестиций в основной капитал. Рас-смотрена производственная функция, аналогичная функции Кобба-Дугласа, без ограничений на сумму степеней при факторах. Исследование базировалось на статистических пространственных данных, использовалась информация по 82 регионам России за 2017 г. Производственная функция представляет собой эффективный инструмент управления. Полученные новые знания имеют научное и практическое значение. The goal of the research was to estimate the two-factor production function, which characterizes the relationship between the microenterprise turnover and the employees rate of wages and the flow of investments into the fixed assets. The research examined a production function similar to that of Cobb-Douglas function, without the restrictions on the sum of degrees under factors. The research was based on statistical spatial data; using the information on 82 regions of Russia for 2017. The production function is an effective management tool. The new knowledge obtained is of scientific and practical im-portance. The methodological approach and tools proposed in the article for evaluating the production functions, describing the set of the microenterprises activities in the regions, can be applied in scientific research on the entrepreneurship issues, as well as in justifying the programs of this economy sector devel-opment at the federal and regional levels. The methodology and tools that were used in the research process can be applied in similar studies in the countries with a significant number of territorial (administrative) units. Further research is related to the evaluation of production functions for a set of microenterprises that are specialized in various types of economic activities, as well as those located in municipalities of specific regions.


Vestnik NSUEM ◽  
2019 ◽  
pp. 130-142
Author(s):  
E. N. Akerman ◽  
A. A. Mikhalchuk ◽  
V. V. Spitsyn ◽  
N. O. Chistyakova

The relevance of the study has been determined by the acceleration of innovation growth, which encourages companies to use imitation strategies in response to disruptive technological changes.The study used the Cobb-Douglas production function to evaluate the effectiveness of the used production factors of Russian IT companies. A high-quality 3-cluster model of IT companies was built, as well as highly significant two-factor production functions of Cobb-Douglas, which made it possible to identify the contribution of the main factors (wage and fixed assets) to the production volume (revenue) for each cluster.


1978 ◽  
Vol 3 (3) ◽  
pp. 209-231 ◽  
Author(s):  
Solomon W. Polachek ◽  
Thomas J. Kniesner ◽  
Henrick J. Harwood

This research examines scholastic performance within the context of an individual’s production function. A constant partial elasticity of substitution production function for academic achievement is presented and estimated with non linear maximum likelihood methods. We find that ability and time devoted to various aspects of the learning process are the most important determinants of students’ accomplishments. Our results underscore the potential for students to compensate for relatively “poor” educational backgrounds by spending more time on study and class attendance.


2008 ◽  
Vol 12 (5) ◽  
pp. 694-701 ◽  
Author(s):  
Hideki Nakamura ◽  
Masakatsu Nakamura

We consider endogenous changes of inputs from labor to capital in the production of intermediate goods, i.e., a form of mechanization. We derive complementary relationships between capital accumulation and mechanization by assuming a Cobb–Douglas production function for the production of final goods from intermediate goods. A constant-elasticity-of-substitution production function in which the elasticity of substitution exceeds unity can be endogenously derived as the envelope of Cobb–Douglas production functions when the efficiency of inputs is assumed in a specific form. The difficulty of mechanization represents the elasticity of substitution.


2017 ◽  
Vol 48 (4) ◽  
Author(s):  
AL-ENIZY & AL-KAISY

The production function of the important methods in the analysis in the components of the production process , by it can be identified the increasing in production for a given amount of resources , there for the objective of search analysis economic production functions of barley crop and knowing nature of the relationship between the factors , to fulfill the requirements of the research we are collected questionnaire from 130 farmers from crop farmers in Wasit province . We estimated by using Cobb-Douglas production function production function and restricted Cobb-Douglas. The results showed that the capital is the most influential factor in the production of barley since raised by 1% will increase production by 0.43% in a Cobb-Douglas function because the capital increase means increasing the technology used , and the factors use fall in the second stage and functions are subject to diminishing returns to scale and ealasticity replacement amounting to 0.76 indicates to the inability to intensity labour to the capital account G.Tintner test pointed to the superiority of the Cobb-Douglas unrestricted model . Also estimated the TL production function according to the random border analysis using the Frontier program , and in a way of the greatest possible ML which shows that if we increased employment by 1% , the production will increase by 0.33 and cross elasticity between labour and capital , amounting to 0.16 has shown to replacement relationship the two factors and technical effeciency at the level of the sample averaged 90% and there was no apparent effect of the acquisition . The research recommended encourage farmers to adopt improved varieties and use of resources packages with high productivity and try to stimulate the demand side of attention to livestock.


Author(s):  
N. J Dhanesh

Technological change and efficiency improvement are important sources of productivity growth in any economy. The concept of technical efficiency (TE) is based on input and output relationships. Technical inefficiency arises when actual or observed output from a given input mix is less than a possible mix. The analysis of technical efficiency involves the assessment of the degree to which the production technologies are utilized. The present investigation on “Formation and efficient estimation of stochastic frontier production functions” was carried out in the Department of Agricultural Statistics, College of Horticulture, Vellanikkara, during 2010 -13. To assess the present economics of pepper cultivation, to formulate a new stochastic frontier production function and to compare different stochastic frontier production functions. The secondary data on the area of holdings, number of vines, yield, expenses for machinery, labour, manure, and other expenses for the cultivation of the major spice pepper collected from the Department of Plantation Crops and Spices, College of Horticulture, Vellanikkara were used for the analysis. For the stochastic frontier production model to be realistic, an exact measurement of the cost of the inputs and the realized output is extremely necessary. Very few farmers keep records of the expenditure incurred on the various inputs and rarely the output realized. Vegetable crops have a short duration. So the farmer will be in a position to give realistic figures regarding the various inputs as also the outputs. As regards plantation crops, there will be a lag right from the establishment of the crop to the steady bearing stage. Therefore, it will be very difficult to trace back the exact cost, as no records would be available about the costs incurred. Therefore, a rapid estimation survey is the only feasibility wherein simultaneous estimation of the costs involved from the nursery through the various stages of growth can be observed. Since a farmer who is already having a steady-bearing crop would have incurred lesser costs through the previous stages of growth of the crop, it is most feasible to use the concept of present worth to arrive at the exact costs of previous stages of the crop. The stochastic frontier analysis was done using the present value (PV) and the present cost.


Author(s):  
Hamaili Akram

In today's realities of investment activities, small and medium enterprises are faced with the dilemma of choosing areas of investment of monetary and non-monetary resources. Determining the feasibility of a particular investment is based on the use of appropriate mathematical apparatus and economic-mathematical models. The article considers some of the most important aspects of the use of numerical methods in the mechanism of investment of small and medium enterprises, developed on the basis of research on the development of such economic entities. The logical basis of the proposed methods is a proven division of the term of operation of enterprises into several stages of the life cycle, which differ significantly in the characteristics of incoming and outgoing cash flows. It is proposed to determine the absolute expediency of founding small and medium enterprises by calculating the probabilistic values of profitability of the enterprise based on the calculation of the area of geometric shapes limited by the functions of income and expenses during all stages of the life cycle. It is proved that such calculations are expedient by calculating the indefinite integral and applying the Newton-Leibniz formula.With regard to the functions that characterize the income and expenses of small and medium enterprises throughout their existence, the article proves that the most optimal in this case is the use of production functions. Among the whole set of existing production functions, we have identified the most optimal for the task Cobb-Douglas production function, CES production function, Linear production function, Leontief production function, adapted to the conditions of the microlevel. To calculate the elementary areas limited by the corresponding production functions, the article examines the relevant existing methods. Studies have been conducted on the possibility of using to calculate the areas limited by the production functions of income and expenses of small and medium enterprises during each stage of the life cycle, the methods of rectangles, trapezoids and parabolas. It is determined that they have limited conditions for use due to the need to divide the time period of operation of enterprises at intervals that do not coincide with the stages of the life cycle. Therefore, studies were continued, as a result of which it was proved that the most optimal method of calculating the elementary areas limited by the target functions of income and expenditure of small and medium enterprises is the Gaussian method with different variations.


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