Informed Control Over Inputs and Extent of Industrial Processing, June 2005

(2005) Informed Control Over Inputs and Extent of Industrial Processing, June 2005. Iowa State University

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Abstract

Stylized facts regarding the industrial process include emphases on obtaining information about and control over the quality of raw materials. We provide a model that establishes conditions under which informed control involves ensuring uniformity in inputs and increased uniformity encourages more extensive processing. We show when the Boltzmann-Shannon entropy statistic is an appropriate measure of uniformity.

Item Type: Departmental Report
Keywords: entropy, homogeneous inputs, industrialization, information technologies, sorting
Subjects: Business and industry
Business and industry > Manufacturing
Business and industry > Economic development
ID Code: 2660
Deposited By: Margaret Barr
Deposited On: 06 Jul 2005
Last Modified: 06 Jul 2005
URI: http://publications.iowa.gov/id/eprint/2660

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