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Optimization

Doctoral Theses

2001

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Engineering Production Function And Choice Of Technique., N. S. S. Narayana Dr. Apr 2001

Engineering Production Function And Choice Of Technique., N. S. S. Narayana Dr.

Doctoral Theses

This study deala wi th the selection of technological al ternaid ves of production, a problom referred to as choice of techninues" in ecommie theory. Selection of an appropriate technique (or a technolo gical al ternative) haa to be Bede with ro spe et to speci fied objectives and avail phle reDurces. Selection of proper techniques from smong many avall ablo el ternatives ha boen one of the min tasks whilu planni ng for econonio development. Generally develooping co untries like India are handi capped by problema of BCerci ty of on-lebour reaources, abundant labour force, lini ted foreign-aid, 1inited …