Record Details

Optimal Time Allocation between Idle and Active Time

Applied Economics and Finance

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Field Value
 
Title Optimal Time Allocation between Idle and Active Time
 
Creator Weber, Michal
Gonen, Limor D.
Westreich, Sara
Spiegel, Uriel
 
Description Idle time is an essential and valuable factor in the production of any service. While idle time is necessary and helpful for efficient and effective utilization of time, it also has a negative effect that managers try to minimize. This paper illustrates either analytically or numerically the different effects of idle time on total net revenue. It first presents the case in which idle time is determined arbitrarily, and then shows idle time that has no direct negative effect on total revenue but a positive effect on the efficient use of active time.
 
Publisher Redfame Publishing
 
Contributor
 
Date 2017-06-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://redfame.com/journal/index.php/aef/article/view/2506
10.11114/aef.v4i4.2506
 
Source Applied Economics and Finance; Vol 4, No 4 (2017); 120-133
2332-7308
2332-7294
 
Language eng
 
Relation http://redfame.com/journal/index.php/aef/article/view/2506/2656
 
Rights Copyright (c) 2017 Applied Economics and Finance