Linear programming is described as a tool for selecting breeding stock in a production unit facing constraints of resources, marketing, or preference. The predicted performance of an animal for major input and output traits is incorporated into the objective function reflecting, for example, farm profits, and into a matrix of coefficients specifying the constraints. An example demonstrates the ...

A mathematical model for the Dynamics of Economic Profit is constructed by proposing a characteristic differential oneform for this dynamics (analogous to the action in Hamiltonian dynamics). After processing this form with exterior calculus, a pair of characteristic differential equations is generated and solved for the rate of change of profit P as a function of revenue R (t) and cost C (t). ...

The effect of land fragmentation on agriculture has worried policymakers for a long time because it is expected to be a negative effect. Land consolidation policies are frequently implemented to soften the degree of land fragmentation. However, to the authors' knowledge, no study in the dairy sector has empirically analyzed the role of land fragmentation on farm productivity and profits. This s...

This paper analyzes the possibility of a monopoly firm selling and renting a packaged software product. It employs a simple model to analyze the firm's pricing strategy. We observe that the introduction of the rental product leads to an increase in profits, an increase in selling and a decrease in rental prices as a function of the rate of change of the rental price with respect to the quantity...

Part I of this Article explains the dual analysis of ethics (ethical base of markets as a process and an end result) as it relates to profits and market efficiency. In particular, the author questions whether individuals are able to judge their own welfare and, if so, do individuals accept that they are the best judge. Part II explains the ethics of profit and its relation to poverty. Specifica...

In this paper, we propose two decision models for decentralized and centralized fresh produce supply chains with stochastic supply and demand and controllable transportation time. The optimal order quantity and the optimal transportation time in these two supply chain systems are derived. To improve profits in a decentralized supply chain, based on analyzing the risk taken by each participant i...