Risk analysis of the business profitability in agricultural companies using combine harvesters
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41310%2F17%3A74114" target="_blank" >RIV/60460709:41310/17:74114 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.17221/63/2016-RAE" target="_blank" >http://dx.doi.org/10.17221/63/2016-RAE</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.17221/63/2016-RAE" target="_blank" >10.17221/63/2016-RAE</a>
Alternative languages
Result language
angličtina
Original language name
Risk analysis of the business profitability in agricultural companies using combine harvesters
Original language description
This article presents the results of entrepreneurial risk analysis in a company providing agricultural services where a group of combine harvesters is used. An economic model was created in order to emulate the operational costs of the combine harvesters using MS Excel. Based on the results of the sensitivity analysis, the key factors were determined. For these factors, the risk of achieving the desired economic results was created subsequently. For the simulated situation, the key factors were activated within the range of +- 10 percent using a triangular distribution of these values. The result of this analysis showed that the most frequent value of CZK 389,692 per year will be achieved with a probability of 49,42 percent. The overall outcome of the combine harvesters should be profitable.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Research in Agricultural Engineering (Zemědělská technika)
ISSN
1212-9151
e-ISSN
1805-9376
Volume of the periodical
63
Issue of the periodical within the volume
3
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
7
Pages from-to
99-105
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85030781761