Article ID Journal Published Year Pages File Type
5062151 Economics Letters 2007 6 Pages PDF
Abstract

Industrial processing emphasizes information on and control over quality of raw materials. This letter establishes conditions under which informed control involves ensuring uniformity in inputs and increased uniformity encourages more extensive processing. The Boltzmann-Shannon entropy statistic can appropriately measure uniformity.

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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Informed control over inputs and extent of industrial processing
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