Deneffe and Masson [ 22] and Horwitz [ 23] find that NFP hospitals are most likely to maximize output or a mix of monetary profit and output, while Chang and Jacobson [ 21] conclude that the data is the most consistent with the theory of perquisite maximization.
The multi objective approach using genetic algorithm is applied considering two pairs of proposed objectives: (1) maximization of output power and minimization of the electricity cost and (2) maximization of system electrical efficiency and minimization of the electricity cost.
Thus, livestock producers will maintain their drive for maximization of output but with diminished reliance on industrialization and therapeutic agents to alleviate environmental stress and rely more on the genetic make-up of their animals to combat stress from heat, parasites, pathogens and poor nutrition.
Note that efficiency does not only involve inputs; it also requires maximization of outputs (Rogers 1998).
Although the important issue for implementation of DEA is its philosophy, which is maximization of outputs versus minimization of inputs, this important issue has been neglected in previous similar studies in multi-response problems.
Commonly used optimization criteria are biomass production and the maximization of energy output.
Since the synthesis of the flavins is much more metabolically costly than the production of the reduced cytochrome c, it is not worth assigning a higher priority for the flavin production than the cytochrome c production, in the context of the overall objective of maximization of current output.
This study suggests anodic improvement strategies for maximization of power output.
These control modes include output maximization mode, schedule tracking mode, output limit mode, reserve mode and automation mode.
The problem was formulated as one of output maximization subject to state, control, and traffic management strategy choices.
