Individual Farm Analysis Using a Simulation Model

Gerard W.J. Giesen

No 346514, 12th Congress, Durban, South Africa, July 18-24, 1999 from International Farm Management Association

Abstract: I FAS (Individual Farm Analysis using a Simulation model) is a system that has been developedfor the analysis of the performance of individual farms, whereby the technical and economic data of a farm can be compared with the average data of a group offarms. The analysis of the deviation in farm performance from the average performance is done in two stages. First the deviation is analysed as quantitatively as possible by means of a simulation model using input data of the farm and the average input data of the group. Then an expert is called on to analyse the remainder of the deviation, i.e. the part of the deviation not explained by the model The remaining part is the deviation in farm performance from the average performance of the group, correctedfor the effects of differences in farm inputs used in the simulation model. Using a simulation model enables individual farm analysis to be done partly quantitatively - depending on the degree of detail of the model and the accounting system and their mutual correspondence - and makes it easier for the analysis of the remainder of the deviation.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 12
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma99:346514

DOI: 10.22004/ag.econ.346514

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