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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Bibliographic Details
Main Author: Graham, Patrick M.
Language:en
Published: 1994
Online Access:http://etd.lib.montana.edu/etd/1994/graham/GrahamP1994.pdf