The use of models in optimizing the field crop production in agricultural enterprise

The full use of resource capacities of agricultural enterprises favorably affects the general increase in economic efficiency and rational production making them more competitive in the market. This creates the need for constant improvement of business strategies that uses all available resources t...

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Main Author: Mihajlo Muncan
Format: Article
Language:English
Published: University of Debrecen 2011-12-01
Series:Apstract: Applied Studies in Agribusiness and Commerce
Subjects:
Online Access:https://ojs.lib.unideb.hu/apstract/article/view/7740
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spelling doaj-c2cf53d5c2624aa0a68d9a933b6581fb2020-11-25T03:04:14ZengUniversity of DebrecenApstract: Applied Studies in Agribusiness and Commerce1789-221X1789-78742011-12-0153-410.19041/APSTRACT/2011/3-4/18The use of models in optimizing the field crop production in agricultural enterpriseMihajlo Muncan0University of Belgrade, Faculty of Agriculture The full use of resource capacities of agricultural enterprises favorably affects the general increase in economic efficiency and rational production making them more competitive in the market. This creates the need for constant improvement of business strategies that uses all available resources to create the most profitable production. The main objective of this study was to find the ideal structure of production in agricultural enterprise and to enable the realization of maximum profit using the available production resources (land, mechanization, labor forces). As the basic method of planning, this study used the simplex method of linear programming which gives the most profitable sowing structure after detailed analysis of resources and achieved results, based on the limitations and gross margin. This work showed that the use of modern methods in production planning is one of the cheapest and safest methods for development of agricultural enterprises. https://ojs.lib.unideb.hu/apstract/article/view/7740modelagricultural enterprisesresourcesprofit
collection DOAJ
language English
format Article
sources DOAJ
author Mihajlo Muncan
spellingShingle Mihajlo Muncan
The use of models in optimizing the field crop production in agricultural enterprise
Apstract: Applied Studies in Agribusiness and Commerce
model
agricultural enterprises
resources
profit
author_facet Mihajlo Muncan
author_sort Mihajlo Muncan
title The use of models in optimizing the field crop production in agricultural enterprise
title_short The use of models in optimizing the field crop production in agricultural enterprise
title_full The use of models in optimizing the field crop production in agricultural enterprise
title_fullStr The use of models in optimizing the field crop production in agricultural enterprise
title_full_unstemmed The use of models in optimizing the field crop production in agricultural enterprise
title_sort use of models in optimizing the field crop production in agricultural enterprise
publisher University of Debrecen
series Apstract: Applied Studies in Agribusiness and Commerce
issn 1789-221X
1789-7874
publishDate 2011-12-01
description The full use of resource capacities of agricultural enterprises favorably affects the general increase in economic efficiency and rational production making them more competitive in the market. This creates the need for constant improvement of business strategies that uses all available resources to create the most profitable production. The main objective of this study was to find the ideal structure of production in agricultural enterprise and to enable the realization of maximum profit using the available production resources (land, mechanization, labor forces). As the basic method of planning, this study used the simplex method of linear programming which gives the most profitable sowing structure after detailed analysis of resources and achieved results, based on the limitations and gross margin. This work showed that the use of modern methods in production planning is one of the cheapest and safest methods for development of agricultural enterprises.
topic model
agricultural enterprises
resources
profit
url https://ojs.lib.unideb.hu/apstract/article/view/7740
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