Production and cost theory

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The production and cost theory is part of business administration . It is partly assigned to general business administration , partly also to production management . It represents functional (mathematical) relationships between input and output of production. Production theory is limited to the input quantities of the factors used and the output quantities of the goods produced, which are modeled with production functions. The cost theory builds on this and evaluates the input quantities with costs in order to find the optimal production method with the help of cost functions .

See also

literature

  • Busse von Colbe: Business Theory: Volume 1 Basics, Production and Cost Theory.
  • Fandel: Production I: Production and cost theory. Berlin 1987.

Individual evidence

  1. ^ Hans Corsten, Ralf Gössinger: Production economy . 6th edition. Oldenbourg, Munich 1996 pp. 57-107.