PRODUCTION FUNCTIONS UNDER UNCERTAINTY
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PRODUCTION FUNCTIONS UNDER UNCERTAINTY
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Edition
Pages
16-26
Abstract
An approach to the construction of production functions for describing the functioning of systems in conditions of uncertainty is proposed. The approach is based on the conceptual apparatus and methods developed in the theory of water resources management. The introduced production functions, along with state variables, include benchmarks for the values ​​of some variables as arguments. Benchmarks can be interpreted as indicators of an indicative plan, forecast, contractual parameters, etc. An optimization mathematical planning model using the introduced production functions is presented. It is shown how they can be applied to assess reliability, risk and chances has been shown.
Date of publication
01.01.2007
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0
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909
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