An optimal replacement policy for beef cows: a state model under conditions of uncertainty
Cattle ranchers are periodically faced with the decision of whether or not to cull/replace a brood cow. Assets such as beef cows are subject to stochastic elements that affect the cull/replacement decision. Stochastic elements include events such as death, infertility, and the inability to meet spec...
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Language: | en |
Published: |
1994
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Online Access: | http://etd.lib.montana.edu/etd/1994/graham/GrahamP1994.pdf |