Farm Business Management: Analysis of Farming Systems

Farm Business Management: Analysis of Farming Systems


By (author) P.L. Nuthall

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  • Publisher: CABI Publishing
  • Format: Hardback | 464 pages
  • Dimensions: 176mm x 240mm x 32mm | 1,202g
  • Publication date: 30 November 2011
  • Publication City/Country: Wallingford
  • ISBN 10: 1845938399
  • ISBN 13: 9781845938390
  • Sales rank: 545,664

Product description

The third and final instalment of Peter Nuthall's "Farm Business Management" series, this volume teaches the practical skills needed to manage a farm, such as risk analysis, budgeting, cost benefit analyses and much more. The key characteristic of this book is its ability to simplify the complex subject of business management into a clear, accessible volume tailored to the topic of farming, by using engaging techniques such as worked examples to fully explain the complex decision making tools necessary for this discipline.

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Review quote

"In sum, the aim of this book is to provide researchers, students, consultants and some farmers with the intellectual wherewithal to conduct positive studies of improving farm systems . These aims are well met. Readers will discover that the more they use this volume, and the companion volumes of "Farm Business Management," the better their work will be."--Bill Malcolm, University of Melbourne, Australia"

Table of contents

1.Introduction; 2.The environment under which farming exists; 3.Decisions under uncertainty: probability, methods, and models; 4.Cost benefit analysis: recognizing input output timing; 5.More on decision making utility; 6.Farm surveys - uses, procedures and methods; 7.Survey data and improved farming systems; 8.Constructing improved systems; 9.Methods and models of income variability reducing techniques; 10.Budgeting: the simplest form of farm systems analysis; 11.Linear programming: the farm model and finding an optimal solution; 12.Linear programming: using the solution, and creating realistic farm models; 13.Dynamic programming; 14.Systems simulation (models of systems that do not fit common analytical techniques); 15.The structure and analysis of part farm problems (inventory, replacement, critical paths, and queuing); 16.Concluding comments: review and summary.