Bewley, J.M.; Boehlje, M.D.; Gray, A.W.; Hogeveen, H.; … - In: Agricultural Finance Review 70 (2010) May, pp. 97-125
Purpose – The purpose of this paper is to develop a dynamic, stochastic, mechanistic simulation model of a dairy business to evaluate the cost and benefit streams coinciding with technology investments. The model was constructed to embody the biological and economical complexities of a dairy...