Description
In pastoral sheep finishing systems, farmers aim to maximize profitability by deciding on when and how many animals to buy and/or sell, while taking into account feed availability and current prices. This paper describes a stochastic lamb growth simulation model with a set of heuristic rules, which has been developed to financially evaluate different management strategies for growing lambs on pasture.
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A Model to Evaluate Buying and Selling Policies for Growing Lambs on Pasture
In pastoral sheep finishing systems, farmers aim to maximize profitability by deciding on when and how many animals to buy and/or sell, while taking into account feed availability and current prices. This paper describes a stochastic lamb growth simulation model with a set of heuristic rules, which has been developed to financially evaluate different management strategies for growing lambs on pasture.
