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A Linear Programming Analysis Of Several Determinants Of Profit On A Simulated Northern Utah Dairy Farm, Jay Dee Atwood
A Linear Programming Analysis Of Several Determinants Of Profit On A Simulated Northern Utah Dairy Farm, Jay Dee Atwood
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
The purpose of the study was to analyze several determinants of profit on a simulated northern Utah dairy farm. A linear programming model was developed to accomplish this. Optimal conditions on the farm were estimated and then other model applications were made to evaluate the importance of milk price, cropland ownership, and corn silage production and feeding. The significance of cow quality also was estimated.
Optimal conditions on the farm gave rates of return to capital between savings rates and loan rates obtainable at a financial institution. Marginal values derived for land did not support the current asking price of …