Management Optimal Combination of Production Two Products
Session
Management Business and Economics
Description
It starts from the assumption that the producer produces two products in relation to the given resources: work (L) and capital (K). Since the process of production is related to the corresponding factors of production, this analysis is based on the mutual repertoire of the isoquanties (the curves at the constant value of the remanufacturing factor). With the change of the position of the isoquantances relative to the reference coordinates (L, K), the essence is analyzed as changing economic parameters for characteristic economic states. This analysis is now complicated because in the context of a given repercussion diagram, the situation is observed to manage the production of the two products in the sense of obtaining an optimal production relationship for the products mentioned. This analysis must include the marginal rates of technological substitution in order to obtain an optimum production program for the products mentioned. It is also clear that the optimal transformation curve must be treated here in relation to the relative relations of the production factors. Key words: isoquante, reprecussion diagram of the economic state, production factor.
Keywords:
isoquante, reprecussion diagram of the economic state, production factor
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-41-2
Location
UBT Lipjan, Kosovo
Start Date
25-10-2025 9:00 AM
End Date
26-10-2025 6:00 PM
DOI
10.33107/ubt-ic.2025.420
Recommended Citation
Elezaj, Shaqir and Elezaj, Rame, "Management Optimal Combination of Production Two Products" (2025). UBT International Conference. 35.
https://knowledgecenter.ubt-uni.net/conference/2025UBTIC/MBE/35
Management Optimal Combination of Production Two Products
UBT Lipjan, Kosovo
It starts from the assumption that the producer produces two products in relation to the given resources: work (L) and capital (K). Since the process of production is related to the corresponding factors of production, this analysis is based on the mutual repertoire of the isoquanties (the curves at the constant value of the remanufacturing factor). With the change of the position of the isoquantances relative to the reference coordinates (L, K), the essence is analyzed as changing economic parameters for characteristic economic states. This analysis is now complicated because in the context of a given repercussion diagram, the situation is observed to manage the production of the two products in the sense of obtaining an optimal production relationship for the products mentioned. This analysis must include the marginal rates of technological substitution in order to obtain an optimum production program for the products mentioned. It is also clear that the optimal transformation curve must be treated here in relation to the relative relations of the production factors. Key words: isoquante, reprecussion diagram of the economic state, production factor.