Informed Control Over Inputs and Extent of Industrial Processing
Informed Control Over Inputs and Extent of Industrial Processing
Date
2005-06-01
Authors
Hennessy, David
Hennessy, David
Hennessy, David
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Hennessy, David
Person
Research Projects
Organizational Units
Center for Agricultural and Rural Development
Organizational Unit
Journal Issue
Series
Department
Center for Agricultural and Rural Development
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.