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Recent Developments in Farm Planning: Sub-Optimal Programming Methods for Practical Farm Planning

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  • Powell, Roy A.
  • Hardaker, J. Brian

Abstract

This paper discusses the use of sub-optimal programming techniques in farm management. The scope for employing such techniques to derive farm plans which more closely conform to farmers' real objectives and preferences is reviewed. A method using conventional linear programming in this way is illustrated by means of some planning results for a group of farms in northern N.S.W.

Suggested Citation

  • Powell, Roy A. & Hardaker, J. Brian, 1969. "Recent Developments in Farm Planning: Sub-Optimal Programming Methods for Practical Farm Planning," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 37(02), pages 1-9, June.
  • Handle: RePEc:ags:remaae:9227
    DOI: 10.22004/ag.econ.9227
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    References listed on IDEAS

    as
    1. Officer, R.R. & Anderson, Jock R., 1968. "Risk, Uncertainty and Farm Management Decisions," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 36(01), pages 1-17, March.
    2. Jean-Marc Boussard & Michel Petit, 1967. "Representation of Farmers' Behavior under Uncertainty with a Focus-Loss Constraint," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 49(4), pages 869-880.
    3. Powell, R.A. & Hardaker, J.B., 1968. "Planning Wheat Farms in North Western New South Wales," Working Papers 302427, University of New England, School of Economics.
    4. R.R. Officer & A.N. Halter & John L. Dillon, 1967. "Risk, Utility And The Palatabilty Of Extension Advice To Farmer Groups," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 11(2), pages 171-183, December.
    5. Rickards, P.A. & Musgrave, Warren F., 1965. "Farm Planning, Linear Programming and Soil Heterogeneity," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 33(04), pages 1-24, December.
    6. Thomas A. Miller & Charles W. Nauheim, 1964. "Linear Programming Applied to Cost Minimizing Farm Management Strategies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 46(3), pages 556-566.
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    Cited by:

    1. Burman, Leonard E., 1980. "A Review of Monte Carlo Applications in Agricultural Research," 1980 Annual Meeting, July 27-30, Urbana-Champaign, Illinois 278475, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Galetto, Alejandro & El-Osta, Hisham & Helmers, Glenn A., 1989. "A Practical Way to Obtain Near-Optimal Solutions (NOS) in Linear Programming," WAEA/ WFEA Conference Archive (1929-1995) 244854, Western Agricultural Economics Association.
    3. Helmers, Glenn A. & Atwood, Joseph & Langemeier, Michael R. & Johnson, Bruce B., 1985. "Sub-Optimal Analysis of Organic Farming in a Multiobjective Setting," 1985 Annual Meeting, August 4-7, Ames, Iowa 278522, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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