The traditional theory of the firm which serves as the underpinnings of what we know as neoclassical production theory has proved to be a useful basic model. This book is concerned with a class of models which build on this basic form by supposing that the decision-maker is constrained by some...

This book provides a comprehensive guide to the analysis of economic performance and productivity growth. It includes an overview of standard productivity growth measurement techniques, and also expands the traditional framework to consider how different aspects of firm behavior are interrelated...

This is a renewal-theoretic analysis of a class of single-item inventory systems; included in a unified exposition are both continuous and periodic review systems. The book starts from the derivation of the time-dependent and stationary distributions of basic stochastic processes related to...