Machinery Management: Farm Machinery Selection
William M. Edwards
Staff General Research Papers Archive from Iowa State University, Department of Economics
Abstract:
Putting together an ideal machinery system is not easy. Equipment that works best one year may not work well the next because of changes in weather conditions or crop production practices. Improvements in design may make older equipment obsolete. And, the number of acres being farmed or the amount of labor available may change. Because many of these variables are unpredictable, the goal of the good machinery manager should be to have a system that is flexible enough to adapt to a range of weather and crop conditions while minimizing long-run costs and production risks. To meet these goals several fundamental questions must be answered.
Date: 2001-11-01
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Persistent link: https://EconPapers.repec.org/RePEc:isu:genres:2042
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