Recent increases in the harvests of southern bluefin tuna, particularly by Australian fishermen, have led to the recognition that the fishery is overexploited. A model is developed to examine the effects that quotas on Australian and Japanese harvesting would have on economic welfare and on...

The consequences of carryover for the optimal application of fertilizer are considered using dynamic programming. The conclusions are relevant for the further problem of deciding how many grain crops to harvest from grain sorghum plants grown in a tropical environment. Dynamic programming is...

Alternative wheat storage policies which maximise the expected present value of returns for consumers, producers, a monopoly storage agency and society as a whole are derived using a dynamic programming model. Results are compared with those from an earlier simulation model, and are found to...

Because methods of eliminating aggregation bias are impracticable, an alternative method is suggested for reducing aggregation bias which uses regression estimates of farm resonrce availabilities as functions of farm size. The estimates are incorporated in a parametric run of the LP problem in...

The determination of an optimal feeding and selling strategy for broiler production given a space constraint is formulated as a dynamic programming problem. Production equations derived from trial data are used to obtain an optimal sequence of rations in which energy density changes through...