A Forecasting-Programming Method for Swine Production-Marketing Decisions

Abstract

This study reports on the development and progress of a forecasting-programming model for swine inventory management and marketing decisions. This model considers interrelationships between breeding herd, feeder pig and finishing hog activities. Objectives were: 1. To structure a dynamic operational decision model for a modern farrow-to-finish swine confinement unit which conforms with economic theory, uses price and cost forecast information and is as consistent as possible with current production scheduling practices. 2. To use and test this model during a combined production and marketing decision process and to compare economic results with results of a standard strategy

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