Production Function in Textbook Accommodation

Production Function in Textbook Accommodation - Production...

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Production Function in Textbook Accommodation The production function is used in systems with limited resources that require simple models. The production function will not give you exact answers but is an adequate resource in estimating. The relationship between the input and output can be formulated into a mathematical function. The way we would hope to increase productivity is through the production function. In this system the output is completed accommodations for students in need. The input is labor (staff), adequate resources, and also requested accommodations. We must utilize the production function to find optimal number of staff to employ to get maximum output. The reason this will help us with increasing productivity, is because we will know when and how many employees are required at each time. Currently there is no role of production function in this system. We must formulate the input and output to maximize numbers and reach our goal of 100% completion of accommodations. It is important for
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This note was uploaded on 01/26/2010 for the course IE 327 taught by Professor Parisay during the Spring '10 term at American College of Gastroenterology.

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