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
  • 692,549

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"show more

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 more