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Efficient Production Process Algebra

By Oliver Wendt and Wolfgang König

Abstract

This paper extends Process Algebra known from Theoretical Computer Science in order to cope with economic production processes. Especially, the notion of economic efficiency is expressed by a set of axioms, eliminating all inefficient processes from a set of possible production processes, when used as term rewriting rules. 1 Basics of production theor

Year: 2007
OAI identifier: oai:CiteSeerX.psu:10.1.1.29.8714
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