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A DECISION SUPPORT AID FOR BEEF CATTLE INVESTMENT USING EXPERT SYSTEMS 31
Falconer, Lawrence L.; Long, Charles R.; McGrann, James M..
The beef cattle investment decision provides an excellent opportunity to increase the economic efficiency of beef cattle production. The investment questions that face beef cattle producers are of interest to beef cattle producers, educators, and financial institutions involved in lending to beef cattle producing firms. This study develops a decision support aid utilizing expert system technology to assist beef cattle producers in making well-founded investment decisions with respect to the firm's beef cattle herd.
Tipo: Journal Article Palavras-chave: Beef cattle investment; Decision support; Export systems; Livestock Production/Industries.
Ano: 1996 URL: http://purl.umn.edu/15228
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OPTIMAL STRUCTURE OF AN AGRIBUSINESS FIRM CONSIDERING THE ECONOMICS OF MAJOR, LINKED COMPONENTS 31
Ward, Ruby A.; McCarl, Bruce A.; Rister, M. Edward; McCorkle, Dean A.; Long, Charles R..
An optimization model is used to evaluate the economics of various components of a large agribusiness. The benefits of using interger programming are contrasted to traditional linear programming analysis in conjunction with outside-the-model budgeting analysis.
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Research Methods/ Statistical Methods.
Ano: 1998 URL: http://purl.umn.edu/20963
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STRATEGIC AGRIBUSINESS OPERATION REALIGNMENT IN THE TEXAS PRISON SYSTEM 31
McCarl, Bruce A.; Rister, M. Edward; Ward, Ruby A.; Long, Charles R.; McCorkle, Dean A.; Ziari, Houshmand A.; Conner, J. Richard; Sturdivant, Allen W.; Thompson, Troy N..
Mathematical programming-based systems analysis is used to examine the consequences of alternative operation configuration for the agricultural operations within the Texas Department of Criminal Justice. Continuation versus elimination of the total operation as well as individual operating departments are considered. Methodology includes a firm systems operation model combined with capital budgeting and an integer programming based investment model. Results indicate the resources realize a positive return as a whole, but some enterprises are not using resources profitably. The integer investment model is found to be superior for investigating whether to continue multiple interrelated enterprises.
Tipo: Journal Article Palavras-chave: Agribusiness; Enterprise selection; Mathematical programming; Optimal enterprise organization; Agribusiness.
Ano: 2000 URL: http://purl.umn.edu/15404
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