Kovács, Sándor and Csipkés, Margit (2010) A case study of crop structure modelling and decision risks managing by using a stochastic programming model. AGRÁRINFORMATIKA / JOURNAL OF AGRICULTURAL INFORMATICS, 1 (1). pp. 1-7. ISSN 2061-862X
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Abstract
We built up a stochastic linear programming crop structure model. We assume the sale prices as well as the yields of the cultivation sectors as stochastic variables and the variables of cost data calculations as deterministic. A farm operating in the Löszhát in Hajdúság provided the data for resources and cultivation technologies. For searching the optimal risk management variety we performed Monte Carlo simulations by using Risk Optimizer 4.5 software. Values of the goal functions were analyzed by statistically. In terms of the measurement of risks we provide different decision alternatives for the crop structure. Evaluating the results of the simulation runs decision makers could choose fromalternatives that most suit their risk attitudes.
| Item Type: | Article |
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| Uncontrolled Keywords: | crop structure, risk analysis, Monte-Carlo simulation, stochastic programming, genetic algorithm |
| Subjects: | H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány H Social Sciences / társadalomtudományok > HF Commerce / kereskedelem > HF5001-6182 Business management / üzleti menedzsment S Agriculture / mezőgazdaság > S1 Agriculture (General) / mezőgazdaság általában |
| SWORD Depositor: | MTMT SWORD |
| Depositing User: | MTMT SWORD |
| Date Deposited: | 04 May 2015 09:04 |
| Last Modified: | 31 May 2024 09:54 |
| URI: | https://real.mtak.hu/id/eprint/23816 |
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