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The poplar species, Populus deltoides provides types which are ecologically well suited to the rich alluvial soils of the north coast. This study uses a simple simulation model and linear programming to explore the economics of introducing poplars into farm plans on this soil type. If the price...
Persistent link: https://www.econbiz.de/10005803879
The development of Monte Carlo programming as a farm planning method is reviewed. The possibility of applying this method and linear programming to investment planning is discussed in relation to two main types of problem. It is concluded that Monte Carlo programming is well suited to planning...
Persistent link: https://www.econbiz.de/10005803890
This study was based on the hypothesis that lenders to the rural sector have the potential to affect the rate of agricultural adjustment directly via capital formation. Multi-period linear programming models were developed to quantify the effects of lender policy on farm growth for wheat...
Persistent link: https://www.econbiz.de/10005803900
A Monte Carlo method for studying farm planning problems is developed. The method allows the building of a flexible model including several objective functions, economies of scale, integer formulations and interactions between activities arising from, for example, rotational yield effects. The...
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The whole farm financial effects of laser land forming were analysed using a two stage modelling procedure. In the first stage, linear programming models of representative Murrumbidgee Irrigation Area (MIA) rice farms were used to predict the profit-maximising activity mixes with and without...
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Since World War II there has been a rapid increase in the area sown to improved pastures in Australia generally and New South Wales in particular. Despite this increase there has been much speculation as to the reasons why even more country has not been improved, especially as spectacular...
Persistent link: https://www.econbiz.de/10005803999