Estimating Cost Savings through Adoption of the Best-Practice Technique: Evidence from the Malaysian Manufacturing Sector
By using the input-output approach, this article attempts to estimate costs of production by using the 1978 vintage and best-practiced techniques, based on the vintage hypothesis that as time progresses and price rises, adopting the best-practice technique will give more cost saving and use less amo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
UUM Press
2007-12-01
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| Series: | International Journal of Management Studies |
| Online Access: | https://e-journal.uum.edu.my/index.php/ijms/article/view/9841 |