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Economics

Utah State University

Theses/Dissertations

1976

Resource Management

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A Decision Theory Approach To A Resource Management System In Corn Production, James L. Anderson May 1976

A Decision Theory Approach To A Resource Management System In Corn Production, James L. Anderson

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The major purpose of this study is to make additional information available to the farm manager through the use of decision theory. This will enable him to improve the decision-making process relating to corn production. The goal is to use the resources at his disposal more efficiently and profitably. This study is primarily concerned with factors that influence planting date and corn variety selection. Within the framework of decision theory analysis, a priori and posteriori probabilities are employed to calculate the losses that may occur to corn crops in the Cache Valley area of Utah because of harmful spring frosts …