Abstract
In Chap. 1, we briefly introduced the concept of a production set or a technology as a way to characterize the production possibilities in a given application. This concept is crucial in advanced benchmarking because it defines the set of possible performance outcomes against which we can evaluate the actual performance of a given firm.
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© 2011 Springer New York
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Bogetoft, P., Otto, L. (2011). Production Models and Technology. In: Benchmarking with DEA, SFA, and R. International Series in Operations Research & Management Science, vol 157. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-7961-2_3
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DOI: https://doi.org/10.1007/978-1-4419-7961-2_3
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