Policy options for value added to different levels of production

الموضوعات :

C.O Anyaeche ¹

1 - Lecturer, Department of Industrial and Production Engineering, University of Ibadan, Ibadan, Nigeria

تاريخ الإرسال : 29 الإثنين , رجب, 1436 تاريخ التأكيد : 29 الإثنين , رجب, 1436 تاريخ الإصدار : 08 الإثنين , جمادى الثانية, 1430

الکلمات المفتاحية: strategy, Production levels, value-added, Optimal, Policy option,

ملخص المقالة :

This paper presents an analytic procedure for the value added to different production levels with different policy options. The approach is stochastic and thus provides a framework for informed decision-making on productivity growth under uncertainty conditions. The model was applied to data collected from a firm and re-sults recommend that the firm should redevelop if in diversification and systematisation growth stage and right size if in the bureaucratic growth stage.