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This textbook introduces essential topics and techniques in production and efficiency analysis and shows how to apply these methods using the statistical software R. Numerous small simulations lead to a deeper understanding of random processes assumed in the models and of the behavior of estimation techniques. Step-by-step programming provides an understanding of advanced approaches such as stochastic frontier analysis and stochastic data envelopment analysis. The text is intended for master students interested in empirical production and efficiency analysis. Readers are assumed to have a general background in production economics and econometrics, typically taught in introductory microeconomics and econometrics courses.

Statistical science --- Quantitative methods (economics) --- Methodology of economics --- Operational research. Game theory --- Mathematical statistics --- Engineering sciences. Technology --- Planning (firm) --- Production management --- Business management --- Business economics --- Computer. Automation --- financieel management --- besluitvorming --- management --- mathematische modellen --- statistiek --- productie --- speltheorie --- econometrie --- operationeel onderzoek --- ingenieurswetenschappen

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Sociology of education --- Teaching

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This textbook introduces the industrial production and processing of natural resources. It is divided into six major topics (fats and oils, carbohydrates, lignin, terpenoids, other natural products, biorefinery), which are divided into a total of 20 chapters. Each chapter is self-contained and therefore a compact learning unit, which can be worked on by students in self-study or presented by lecturers. Clear illustrations, flow diagrams, apparatus drawings and photos facilitate the understanding of the subject matter. All chapters end with a succinct summary, the "Take Home Messages". Each chapter is supplemented by ten short test questions, which can be solved quickly after working through the chapter; the answers are at the end of the book. All chapters contain bibliographical references that focus on essential textbooks and reference works. As a prior knowledge, only basic knowledge of chemistry is required.

Methodology of economics --- Botany --- Environmental protection. Environmental technology --- Production management --- Business management --- Business economics --- Biotechnology --- Chemical technology --- financieel management --- biotechnologie --- ecologie --- productie --- botanie --- planten --- chemische technologie