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dc.contributor.authorSinghal, Vikasen_US
dc.date.accessioned2014-03-14T21:45:15Z
dc.date.available2014-03-14T21:45:15Z
dc.date.issued1988-11-05en_US
dc.identifier.otheretd-09082012-040544en_US
dc.identifier.urihttp://hdl.handle.net/10919/44690
dc.description.abstract

This thesis develops and demonstrates a methodology for formulating a link between physical efficiency, economic efficiency, and organizational efficiency, and then uses the link developed earlier for justifying capital expenditures. Two scenarios have been used to demonstrate the methodology in two phases. The first phase deals with the formulation of the link between physical efficiency, economic efficiency, and organizational efficiency. The second phase uses the methodology developed in phase one to perform a multi-period analysis. This multi-period analysis shows that an increase in the efficiency of the physical environment results in an increase in the efficiency of the economic environment for two hypothetical companies. The increase in the efficiency of the economic environment results in increased profits, which are a necessary but not sufficient condition for the existence of the organization. The increase in profits further leads to satisfaction of individual wants for four classes of contributors to the organization, and, thus, to an increase in the overall efficiency of the organizational process.

en_US
dc.format.mediumBTDen_US
dc.publisherVirginia Techen_US
dc.relation.haspartLD5655.V855_1988.S468.pdfen_US
dc.subjectIndustrial organization (Economic theory)en_US
dc.subject.lccLD5655.V855 1988.S468en_US
dc.titleA methodology for linking three efficiencies for capital expenditure justificationen_US
dc.typeThesisen_US
dc.contributor.departmentIndustrial Engineering and Operations Researchen_US
dc.description.degreeMaster of Scienceen_US
thesis.degree.nameMaster of Scienceen_US
thesis.degree.levelmastersen_US
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen_US
thesis.degree.disciplineIndustrial Engineering and Operations Researchen_US
dc.contributor.committeechairFreeman, H. JoAnneen_US
dc.contributor.committeememberFabrycky, Wolter J.en_US
dc.contributor.committeememberGreene, Timothy J.en_US
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-09082012-040544/en_US
dc.date.sdate2012-09-08en_US
dc.date.rdate2012-09-08
dc.date.adate2012-09-08en_US


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