Sensitivity of small-scale beef cattle farm’s profit under conditions of natural turnover
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F21%3A85661" target="_blank" >RIV/60460709:41110/21:85661 - isvavai.cz</a>
Result on the web
<a href="https://mme2021.czu.cz/en" target="_blank" >https://mme2021.czu.cz/en</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Sensitivity of small-scale beef cattle farm’s profit under conditions of natural turnover
Original language description
We continue our long-term research focused on beef herd management optimiza-tion from the perspective of a small-scale farmer in the Czech Republic. We have built a linear programming model of beef herd development spanning a ten-year pe-riod under the constraints of limited farm capacity with the main variables being the heifer acquisition and selection of heifers for either rearing or fattening process. In this paper, we use the aforementioned approach to determine the sensitivity of farmers profit to the subsidies, input costs and selling prices. This time, we specifically focus on the natural turnover of the herd, meaning that no acquisition of cattle is possible. The sensitivity analysis shows that from the three factors influencing the profit, it is the change in input costs that plays a crucial role in the farmers profit.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
10102 - Applied mathematics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
39th International Conference on Mathematical Methods in Economics, Conference proceedings
ISBN
978-80-213-3126-6
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
167-172
Publisher name
Czech University of Life Sciences Prague
Place of publication
Praha
Event location
Praha
Event date
Sep 8, 2021
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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