Mathematical model for strategic planning optimization in the pome fruit industry
This paper presents a strategic planning model for optimal restructuring of a pome (pears and apples) production farm concerning varieties and planting densities. The model decides the optimal investment policy for a given farm, maximizing the net present value of business while dynamically deciding its planting structure along a given time horizon under different financing scenarios. The model constraints impose restrictions on the activities to take into account risks and cultural practices. The mathematical model corresponds to a mixed integer linear programming problem, where integer decisions are related to the minimum reconversion land unit and funding requirements.
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- Cittadini, E.D. & Lubbers, M.T.M.H. & de Ridder, N. & van Keulen, H. & Claassen, G.D.H., 2008. "Exploring options for farm-level strategic and tactical decision-making in fruit production systems of South Patagonia, Argentina," Agricultural Systems, Elsevier, vol. 98(3), pages 189-198, October.
- Ward, Lionel E. & Faris, J. Edwin, 1968. "A Stochastic Approach to Replacement Policies For Plum Trees," Monographs, University of California, Davis, Giannini Foundation, number 251953.
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