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India was the first country to start a systematic development of
long range forecasting techniques for estimating in advance the
seasonal monsoon rainfall over the country. For forecasting
rainfall on the basis of past values, a variety of time series
models are available these are referred as Box-Jenkins methodology
Box and Jenkins.Chief objectives of this book is many folds as
listed as to compare and predict the nature of rainfall in three
taluks of Khammam district using various statistical methods;
Critically comparing the behavior of rainfall in Sathupally,
Vemsoor and Aswaraopet taluks of Khammam district through ANOM's;To
study the Steady State behavior of rainfall in three taluks through
Markov Chain.;Predicting the bahaviour of rainfall in three taluks
of Khammam district through Moving Average forecasting
methods;Estimation of Assured availability of rainfall through
Multivariate approach and Distribution free approach of three
taluks of Khammam district.
The concept of cost efficiency was introduced by Farrell (1957) as
the ratio of factor minimal cost to the actual cost. Unlike
technical efficiency, the cost efficiency measure takes into
consideration changes in input mix also. The Farrell cost
efficiency measure was extended by Fare et.al (1984) for the case
of multiple inputs and outputs. Solving one linear programming
problem for one production unit, the factor minimal cost can be
calculated which is called in this study as 'Farrell Cost
Efficiency'. This is a very restrictive measure since it requires
the knowledge of input prices and these prices are assumed to be
constant.This book describes the concepts of various types of
market efficiencies of decision making units (DMU's) such as price
efficiency, Farrell cost efficiency, Economic efficiency, Input
technical efficiency and Input Associative efficiencies. The study
aims at evaluating the cost efficiencies of 77 Indian commercial
Banks employing a wide variety of inputs in order to produce a
spectrum of outputs.
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