Arranging Alternatives for the Sowing Structure by Ranking Method and Fuzzy Sets

Drago Cvijanovic (), Zeljko Vojinovic (), Otilija Sedlak () and Zoran Ciric ()
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Drago Cvijanovic: University of Kragujevac, Faculty of Hotel Management and Tourism - Vrnjci Spa, Serbia
Zeljko Vojinovic: University of Novi Sad, Faculty of Economics Subotica, Serbia
Otilija Sedlak: University of Novi Sad, Faculty of Economics Subotica, Serbia
Zoran Ciric: University of Novi Sad, Faculty of Economics Subotica, Serbia

International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, 2016, vol. 5, 45-52

Abstract: The selection of agricultural plants for sowing and planning the economic success in production is done under conditions of uncertainty and high risk. The farmer plans crops for sowing on the basis of available data and experiences. Yield in the next year is determined by quality and farmland size, the structure of husbandry production, machinery supply, possibility to provide necessary working capital under favorable conditions, adequate labor and climatic conditions. The factors, which cause the greatest uncertainty in achievement returns in agricultural production, can be quantified by the valuation method. This paper present the valuation method at planning the structure of sowing: wheat, chamomile and lie.

Keywords: Uncertainty factors; ranking method; fuzzy sets (search for similar items in EconPapers)
Date: 2016
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