Management Theory and Studies for Rural Business and Infrastructure Development, Volume 35, Number 2

Cereals and oilseeds farms effectiveness increasing by optimization methods

Andrej Jedik

Abstract

The main aim of the article is proposition of tool which helps to increase the effectiveness of farms specialist cereals, oilseed and protein crops. The article investigates the problem of the lower profit and less stable activity comparing to other types of farming. To maximize the profit the farm production optimization model was developed. It’s estimated that farm production optimization allows to increase rapeseed area by 3 %, wheat – by 7 %. Due to optimal resources distribution farm’s economic indexes can increase 8 %, working efficiency – 5 %.

To achieve the stated aim retrospective, economic analysis, comparison and mathematical programing methods were used.

JEL codes: C61, Q12, Q14.

Keyword(s): farm specialist cereals, oilseeds and protein crops type of farming; production optimization, farm effectiveness


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Management Theory and Studies for Rural Business and Infrastructure Development eISSN 2345-0355

This journal is published under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License. Responsible editor: Dr Audrius Gargasas.