《高级金融学》课程PPT教学课件（英文版）Chapter 1 Overview：Introduction to the Field

6 What is a Production System? Defined A production system is defined as a user of resources to transform inputs into some desired outputs CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 6 What is a Production System? Defined A production system is defined as a user of resources to transform inputs into some desired outputs

7 Transformations Physical--manufacturing Locational--transportation ° Exchange- retailing Storage--warehousing Physiological--health care Informational--telecommunications CTle McGraw-Hill Companies, Inc, 2004

©The McGraw-Hill Companies, Inc., 2004 7 Transformations • Physical--manufacturing • Locational--transportation • Exchange--retailing • Storage--warehousing • Physiological--health care • Informational--telecommunications