Abstract
In this dissertation, a discrete time control model for production, investment, and finance is formulated for a perfectly competitive firm in a certainty world. The usual production function is not used, instead, a linear process type of function is adopted. The model assumes linearity among the capacity variables. With these assumptions, an operational model for a multi-product firm with multi-capacities under a form of capital rationing is developed. The firm is assumed to maximize its net wealth. Before developing the linear model of production, investment, and finance, a model of production and investment is formulated and then two models which consider the financial-investment roles of the firm are proposed and developed. ...
Callen, Richard Wilbur (1973). A dynamic investment, production, and financial model for a competitive firm. Doctoral dissertation, Texas A&M University. Texas A&M University. Libraries. Available electronically from
https : / /hdl .handle .net /1969 .1 /DISSERTATIONS -182000.