TY - CHAP
T1 - Possibility and practicability
AU - Khezrimotlagh, Dariush
AU - Chen, Yao
N1 - Publisher Copyright:
© Springer International Publishing AG, part of Springer Nature 2018.
PY - 2018
Y1 - 2018
N2 - In this chapter, we continue the discussions in Chap. 1. Step by step, we built the mathematical background of the requirement axioms to measure the performance of homogenous firms. We similarly start with a question from the gemstone company and gradually illustrate the new concepts. The provided concepts are not new, and have been mentioned in the literature of operations research; however, in order to avoid any confusion and pretend judgment based on the literature, only the concepts are re-introduced and the pros and cons of each concept are demonstrated. We also provide a philosophical argument to clarify some of the concepts. At the end of this chapter, readers will have an understanding of the overall concepts used to measure the performance of firms and will be ready to develop the mathematical background for complex situations.
AB - In this chapter, we continue the discussions in Chap. 1. Step by step, we built the mathematical background of the requirement axioms to measure the performance of homogenous firms. We similarly start with a question from the gemstone company and gradually illustrate the new concepts. The provided concepts are not new, and have been mentioned in the literature of operations research; however, in order to avoid any confusion and pretend judgment based on the literature, only the concepts are re-introduced and the pros and cons of each concept are demonstrated. We also provide a philosophical argument to clarify some of the concepts. At the end of this chapter, readers will have an understanding of the overall concepts used to measure the performance of firms and will be ready to develop the mathematical background for complex situations.
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U2 - 10.1007/978-3-319-76345-3_2
DO - 10.1007/978-3-319-76345-3_2
M3 - Chapter
AN - SCOPUS:85046549017
T3 - International Series in Operations Research and Management Science
SP - 33
EP - 67
BT - International Series in Operations Research and Management Science
PB - Springer New York LLC
ER -