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USING A MULTIPLE PRODUCT AND MULTIPLE INPUT APPROACH TO DAIRY PROFIT MAXIMIZATION: A SIMULATION USING OPERATIONS RESEARCH METHODS

Dairy producers generally take a single output/multiple input approach when making production decisions. Under component pricing, with large variance in individual component prices, a multiple output/multiple input approach maximizes profits. This paper applied our approach to the individual farm milk production decision.
Year of publication:
1999
Authors: Hadley, Gregg ; Harsh, Stephen B. ; Wolf, Christopher A.
Institutions: Agricultural and Applied Economics Association - AAEA
Subject: Livestock Production/Industries | Productivity Analysis
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series 1999 Annual meeting, August 8-11, Nashville, TN Number 21569
Source:
Persistent link: https://www.econbiz.de/10005494079
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