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Dynamic Systems

  • Chiang Kao
Chapter
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 240)

Abstract

The efficiency measurements discussed thus far focus on static models, which either assume that the inputs are fully used for producing outputs in the specified period of time, or assume steady-state production, where capital or other quasi-fixed inputs are fixed. There is thus no time interdependence between the input utilization and output realization for a production unit in consecutive time periods, and these models do not differentiate capital inputs from variable inputs. In reality, however, quasi-fixed factors can change in the medium- and long-run, which introduces an intertemporal effect with regard to inputs. In order to capture the effects caused by changes in the quasi-fixed factors, a dynamic analysis is necessary.

Keywords

Planning Horizon Undesirable Output Technical Inefficiency Directional Distance Function Linear Fractional Program 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer International Publishing Switzerland 2017

Authors and Affiliations

  • Chiang Kao
    • 1
  1. 1.Department of Industrial and Information ManagementNational Cheng Kung UniversityTainanTaiwan

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