The paper demonstrates how a deterministic farm linear programming (LP) model can be made stochastic and simulated using Solver and Simetar© in Excel©. The demonstration is conducted with an LP-model for a dairy farm for a sub arctic region of Norway. The income risks arising from variation in...

This study exemplifies the first implementation experiences of Balanced Scorecard and the first results of them in Ukrainian agricultural enterprises. Essential prerequisites for the functioning of the BSC concept into practical agriculture will be discussed. Finally, some critical success...