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STRATEGIC AGRIBUSINESS OPERATION REALIGNMENT IN THE TEXAS PRISON SYSTEM

Bruce McCarl, M. Edward Rister, Ruby Ward (), Charles R. Long, Dean McCorkle (), Houshmand A. Ziari, J. Richard Conner, Allen W. Sturdivant and Troy N. Thompson

Journal of Agricultural and Applied Economics, 2000, vol. 32, issue 01, 14

Abstract: Mathematical programming-based systems analysis is used to examine the consequences of alternative operation configuration for the agricultural operations within the Texas Department of Criminal Justice. Continuation versus elimination of the total operation as well as individual operating departments are considered. Methodology includes a firm systems operation model combined with capital budgeting and an integer programming based investment model. Results indicate the resources realize a positive return as a whole, but some enterprises are not using resources profitably. The integer investment model is found to be superior for investigating whether to continue multiple interrelated enterprises.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15404

DOI: 10.22004/ag.econ.15404

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