publication . Article . 1994

optimal replacement and management policies for beef cows

W. Marshall Frasier; George H. Pfeiffer;
Restricted
  • Published: 01 Jan 1994 Journal: American Journal of Agricultural Economics, volume 76, pages 847-858 (issn: 0002-9092, eissn: 1467-8276, Copyright policy)
  • Publisher: Wiley
Abstract
Beef cow replacement studies have not reflected the interaction between herd management and the culling decision. We demonstrate techniques for modeling optimal beef cow replacement intervals and discrete management policies by incorporating the dynamic effects of management on future productivity when biological response is uncertain. Markovian decision analysis is used to identify optimal beef cow management on a ranch typical of the Sandhills region of Nebraska. Issues of breeding season length, winter nutrition, and replacement are investigated. Results illustrate the importance of nutrition management in the replacement decision.
Subjects
free text keywords: Agricultural and Biological Sciences (miscellaneous), Economics and Econometrics, Agricultural economics, Nutrition management, Economics, Culling, Decision analysis, Herd management
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publication . Article . 1994

optimal replacement and management policies for beef cows

W. Marshall Frasier; George H. Pfeiffer;