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Lecturer : Muchdie, PhD in Economics  PhD in Economics, 1998, Dept. of Economics, The University of Queensland, Australia.  Post Graduate Diploma in.

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Presentation on theme: "Lecturer : Muchdie, PhD in Economics  PhD in Economics, 1998, Dept. of Economics, The University of Queensland, Australia.  Post Graduate Diploma in."— Presentation transcript:

1 Lecturer : Muchdie, PhD in Economics  PhD in Economics, 1998, Dept. of Economics, The University of Queensland, Australia.  Post Graduate Diploma in Regional Dev.,1994, Dept. of Economics, The Univ. of Queensland, Australia.  MS in Rural & Regional Development Planning, 1986, Graduate School, Bogor Agricultural University, Bogor Chapter 2 Optimization Techniques and New Management Tools

2 Equations: TR = 100Q - 10Q 2 Tables: Graphs:

3 AC = TC/Q MC =  TC/  Q

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7 The derivative of Y with respect to X is equal to the limit of the ratio  Y/  X as  X approaches zero.

8 Constant Function Rule: The derivative of a constant, Y = f(X) = a, is zero for all values of a (the constant).

9 Power Function Rule: The derivative of a power function, where a and b are constants, is defined as follows.

10 Sum-and-Differences Rule: The derivative of the sum or difference of two functions U and V, is defined as follows.

11 Product Rule: The derivative of the product of two functions U and V, is defined as follows.

12 Quotient Rule: The derivative of the ratio of two functions U and V, is defined as follows.

13 Chain Rule: The derivative of a function that is a function of X is defined as follows.

14 Find X such that dY/dX = 0 Second derivative rules: If d 2 Y/dX 2 > 0, then X is a minimum. If d 2 Y/dX 2 < 0, then X is a maximum.

15  Benchmarking  Total Quality Management  Reengineering  The Learning Organization

16  Broadbanding  Direct Business Model  Networking  Pricing Power  Small-World Model  Virtual Integration  Virtual Management


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