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dc.contributor.authorNeal, Marie J.en
dc.contributor.authorWastney, M.en
dc.contributor.authorLevy, G.en
dc.contributor.authorDrynan, R.en
dc.contributor.authorFulkerson, W.en
dc.contributor.authorPost Elizabethen
dc.contributor.authorThorrold, B.en
dc.contributor.authorPalliser, C.en
dc.contributor.authorBeukes, P.en
dc.contributor.authorFolkers, C.en
dc.date.accessioned2013-05-16T03:31:58Z
dc.date.issued2005-12en
dc.identifier.isbn0-9758400-2-9en
dc.identifier.urihttps://hdl.handle.net/10182/5445
dc.description.abstractA whole-farm model of a dairy farm was optimised to assist the strategic decision making given the uncertain environment. Decisions under consideration included the stocking rate, the calving pattern (defined by calving and dry-off dates) and the use of supplementary feed. These individual decisions are considered as the choice of a farm system in this paper. The farmer’s decision making problem is simplified by assuming a perfect labour market, and so the farmer will be primarily concerned with the return on equity. Farm systems are compared with stochastic dominance or the Sharpe ratio, depending on whether there is a perfect capital market and returns are normally distributed.en
dc.description.sponsorshipMark’s PhD was partly funded by a Dairy Australia scholarship.en
dc.language.isoenen
dc.publisherModelling and Simulation Society of Australia and New Zealanden
dc.relationThe original publication is available from - Modelling and Simulation Society of Australia and New Zealanden
dc.rights©2007 Modelling & Simulation Society of Australia & New Zealand Inc.en
dc.sourceMODSIM 2005 International Congress on Modelling and Simulationen
dc.subjectstrategic decisionsen
dc.subjectoptimisationen
dc.subjectdairyen
dc.subjectevolutionary algorithmen
dc.subjectdifferential evolutionen
dc.titleApplying differential evolution to a whole-farm model to assist optimal strategic decision makingen
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Environment, Society and Designen
lu.contributor.unitDepartment of Environmental Managementen
pubs.finish-date2005-12-15en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Environment, Society and Design
pubs.organisational-group/LU/Faculty of Environment, Society and Design/DEM
pubs.publication-statusPublisheden
pubs.start-date2005-12-12en
lu.subtypeConference Paperen


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