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	Provedor de dados AgEcon (1) Autor Hirschauer, Norbert (1) Musshoff, Oliver (1) Palavra-chave C1 (1) C61 (1) Crop Production/Industries (1) M11 (1) Optimization (1) Production program planning (1) Q12 (1) Static distributions (1) Stochastic processes (1) Uncertainty (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 2007 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Improved Program Planning Approaches Generates Large Benefits in High Risk Crop Farming AgEcon Musshoff, Oliver; Hirschauer, Norbert. This paper examines whether there is room for the improvement of farm program decisions through the incorporation of mathematical optimization in the practical planning process. Probing the potential for improvement, we investigate the cases of four German cash crop farms over the last six years. The formal planning approach includes a systematic time series analysis of farmspecific single gross margins and a stochastic optimization model. In order to avoid solutions that simply exceed the farmer’'s risk tolerance, the apparently accepted variance of the observed program’'s total gross margin which represents an observable reflection of the individual farmer'’s risk attitude is used as an upper bound in the optimization. For each of the 24 planning... Tipo: Conference Paper or Presentation Palavras-chave: Production program planning; Optimization; Uncertainty; Static distributions; Stochastic processes; Crop Production/Industries; C1; C61; M11; Q12. Ano: 2007 URL: http://purl.umn.edu/10442 Registros recuperados: 1 Primeira ... 1 ... Última

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