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Optimal Feeding Policies For Broiler Production: An Application Of Dynamic Programming

Author

Listed:
  • Kennedy, John O.S.
  • Rofe, B.H.
  • Greig, I.D.
  • Hardaker, J. Brian

Abstract

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 time. The stability of the plan is explored and the implications of the results for production research and commercial practice are considered.

Suggested Citation

  • Kennedy, John O.S. & Rofe, B.H. & Greig, I.D. & Hardaker, J. Brian, 1976. "Optimal Feeding Policies For Broiler Production: An Application Of Dynamic Programming," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 20(1), pages 1-14, April.
    • Handle: RePEc:ags:ajaeau:23048
    DOI: 10.22004/ag.econ.23048
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    File URL: https://ageconsearch.umn.edu/record/23048/files/20010019.pdf
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    References listed on IDEAS

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    1. John O. S. Kennedy, 1973. "Control systems in farm planning," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 1(4), pages 415-433.
    2. Hochman, Eithan & Lee, Ivan M., 1972. "Optimal Decision in the Broiler Producing Firm: A Problem of Growing Inventory," Monographs, University of California, Davis, Giannini Foundation, number 251917, December.
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    Cited by:

    1. John W. Freebairn, 1983. "Drought Assistance Policy," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 27(3), pages 185-199, December.
    2. Greer, Heather C. & Trapp, James N., 2000. "Impact Of Alternative Grid Pricing Structures On Cattle Marketing Decisions," 2000 Conference, April 17-18 2000, Chicago, Illinois 18926, NCR-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management.
    3. Boland, Michael A. & Preckel, Paul V. & Schinckel, Allan P., 1993. "Optimal Hog Slaughter Weights Under Alternative Pricing Systems," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 25(2), pages 1-16, December.
    4. Clark, John & Kumar, Santosh, 1978. "Planning Beef Production: An Application of Dynamic Programming," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(03), pages 1-12, December.

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    2. Clark, John & Kumar, Santosh, 1978. "Planning Beef Production: An Application of Dynamic Programming," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 46(03), pages 1-12, December.

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    Keywords

    Livestock Production/Industries;

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