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The remarkable expansion of global wind power capacity in many countries brings forward several key economic questions regarding the performance of impacted electricity markets. Wind forecast uncertainties and rules that penalize scheduling deviations often discourage wind energy producers from...
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This paper develops and applies a mathematical model for determining the economically optimal scheduling of fertilization and irrigation (fertigation) that maximizes the farmer's profits. The analysis assumes a single crop (corn) and a single growing season. For a given total seasonal...
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Perennial crops require substantial initial investment in groundwork and planting, as well as a multiyear gestation period without commercial yield. Therefore, a crop's cycle (from planting to felling) should be long enough in order to cover the fixed cost and become profitable. The problem...
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