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A stochastic programming based analysis of the field use in a farm

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  • Béla Vizvári
  • Zoltán Lakner

Abstract

The paper is devoted to the use of the arable land of a farms. The farm want to have certain amount of productions from some crops. This policy of the farm has two purposes. First some products, e.g. silo, are used on further production levels. Furthermore the diversification of the finished product decreases the financial risk of the farm caused by the unknown future behavior of the markets. The aim is to determine that use of the fields, which guarantees the highest probability of the satisfaction of demand. Crop rotation determining that which crops can be produced in a field gives a natural condition to be satisfied. The problem is modeled and solved by stochastic programming. The results based on the data of a farm are provided. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Béla Vizvári & Zoltán Lakner, 2014. "A stochastic programming based analysis of the field use in a farm," Annals of Operations Research, Springer, vol. 219(1), pages 231-242, August.
    • Handle: RePEc:spr:annopr:v:219:y:2014:i:1:p:231-242:10.1007/s10479-013-1335-2
    DOI: 10.1007/s10479-013-1335-2
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    References listed on IDEAS

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    1. Béla Vizvári & Zoltán Lakner & Zsolt Csizmadia & Gergely Kovács, 2011. "A stochastic programming and simulation based analysis of the structure of production on the arable land," Annals of Operations Research, Springer, vol. 190(1), pages 325-337, October.
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    Cited by:

    1. Sheng-I Chen & Wei-Fu Chen, 2021. "The Optimal Harvest Decisions for Natural and Artificial Maturation Mangoes under Uncertain Demand, Yields and Prices," Sustainability, MDPI, vol. 13(17), pages 1-17, August.

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