Farm Business Management

Farm Business Management : Analysis of Farming Systems

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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 more

Product details

  • Hardback | 464 pages
  • 176 x 240 x 32mm | 1,202.01g
  • CABI Publishing
  • Wallingford, United Kingdom
  • English
  • 1845938399
  • 9781845938390
  • 746,010

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, Australiashow more

Table of contents

1: Introduction 2: The Environment Under Which Farming Systems Exist 3: Decisions Under Non-certainty - Probability, Methods and Models 4: Cost-Benefit Analysis - Recognizing Input-Output Timing 5: More on Decision Making and Utility (Objectives) 6: Farm Surveys - Uses, Procedures and Methods 7: Improving Farming Systems Using Survey Data; and Information 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 15: The Structure and Analysis of Specific Part-farm Problems 16: Concluding Comments - Review and Summary Appendix 1: A Synopsis of Production Economics Appendix 2: Example of the output from an Individual Farm 'End of Year' Analysis Appendix 3: Solving Linear Programming Problems Appendix 4: An Example of a Schematic LP Matrix for a Simple Lamb-Producing Farmshow more