The world of energy is changing. With rising energy costs and concerns over thesupply of energy materials, more research is being conducted into alternative sources offuel and microalgae is one of the sources being researched, although much research hadbeen conducted on it as a part of the...

Monte-Carlo simulation modeling is used to perform a feasibility study of alternative locations for a MixAlco production facility. Net present value distributions will be ranked within feasible risk aversion boundaries. If MixAlco is a profitable investment, it would have a major impact on the...

A whole farm Monte Carlo simulation model was used to simulate a typical rice farm on the Texas Gulf Coast for 10 years under the 1980, 1981, and 1982 income tax provisions. Results for this analysis indicate that the 1981 tax provisions clearly were more beneficial to farm operators than the...

A typical Texas High Plains cotton farm was simulated over a 10-year planning horizon using the FLIPSIM IV model to compare the effects of (a) participation in the Federal Crop Insurance (FCI) program, (b) participation in the ASCS low yield disaster program with either high or low target...

Technology offers great opportunities to firms. Successfully bringing the benefits of technology to market and realizing favourable returns requires a careful balance and management of a host of factors. The critical test of such efforts occurs where and when technology “meets the market”,...