A Quantitative Model to Determine Factors Affecting Profits of Broiler Enterprises
Turkish Journal of Veterinary and Animal Sciences, vol.27, no.5, pp.1201-1205, 2003 (SCI-Expanded, Scopus, TRDizin)
- Publication Type: Article / Article
- Volume: 27 Issue: 5
- Publication Date: 2003
- Journal Name: Turkish Journal of Veterinary and Animal Sciences
- Journal Indexes: Science Citation Index Expanded (SCI-EXPANDED), Scopus, TR DİZİN (ULAKBİM)
- Page Numbers: pp.1201-1205
- Keywords: commercial broiler production, profit function, decision support tool, DAIRY-CATTLE, HERD-LIFE
- Ankara University Affiliated: Yes
Abstract
The purpose of this study was to demonstrate the use of the profit function regression model as a decision support tool in commercial broiler production. The fact that the estimated impact factors affecting profitability on the profit per kg live-weight were similar to those observed in the field indicates the power of the model as a decision support tool in broiler production. Because the marginal impact of each independent variable on profit was the estimated coefficient value, they could simply be used to evaluate "what-if scenarios" and the risk of investment under changing circumstances in broiler production. It is, therefore, proposed that commercial broiler producers use such a modelling approach as a practical decision support tool.