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A STRATEGIC AGRICULTURAL PRODUCTION MODEL WITH RISK AND RETURN CONSIDERATIONS AgEcon
Aull-Hyde, Rhonda L.; Tadesse, Solomon.
Decision support systems are generally geared to short-term tactical decision making. As an alternative, this paper develops a mathematical programming model to evaluate long-term strategic alternatives in the context of farm-level agricultural production where a broiler farm considers long-term implications of diversification into commercial aquaculture. The model considers a ten-year strategic planning horizon, incorporates financial risk and return considerations, and accommodates capacity variations. Results indicate that a diversification strategy significantly increases farm profitability over a strategic planning horizon while simultaneously maintaining financial risk below a predetermined tolerance level and return on investment above a...
Tipo: Journal Article Palavras-chave: Production Economics.
Ano: 1994 URL: http://purl.umn.edu/31312
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MOVING BEYOND CHALK AND TALK: USING PROBLEM-BASED-LEARNING IN A RESEARCH METHODS COURSE SEQUENCE AgEcon
Aull-Hyde, Rhonda L.; Ilvento, Thomas W..
The average adult can concentrate for only about eight to ten minutes during an hour-long lecture. Thus, students' ability to absorb information may be seriously impeded if we college professors talk nonstop. One alternative to the traditional "chalk and talk" instructional method is problem-based learning (PBL) - an instructional approach using real world problems as a format for students to acquire critical thinking, problem solving and group interaction skills. We describe how we transformed a two-course sequence in research methods into a problem-based-learning format. Student-reported benefits of the PBL approach include the need for higher-order thinking, improved group interaction skills, relevance of course material to real world situations, higher...
Tipo: Working or Discussion Paper Palavras-chave: Research Methods/ Statistical Methods; Teaching/Communication/Extension/Profession.
Ano: 2002 URL: http://purl.umn.edu/15832
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