Mathematical model for strategic planning optimization in the pome fruit industry

Luis P. Catalá, Guillermo A. Durand, Aníbal M. Blanco and J. Alberto Bandoni

Agricultural Systems, 2013, vol. 115, issue C, 63-71

Abstract: This paper presents a strategic planning model for optimal restructuring of a pome (pears and apples) production farm concerning varieties and planting densities. The model decides the optimal investment policy for a given farm, maximizing the net present value of business while dynamically deciding its planting structure along a given time horizon under different financing scenarios. The model constraints impose restrictions on the activities to take into account risks and cultural practices. The mathematical model corresponds to a mixed integer linear programming problem, where integer decisions are related to the minimum reconversion land unit and funding requirements.

Keywords: Strategic planning; Optimization; Fruit industry; Restructuring of varieties (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:agisys:v:115:y:2013:i:c:p:63-71

DOI: 10.1016/j.agsy.2012.09.010

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