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The use of less-than-optimum solutions in farm management

The use of less-than-optimum solutions in farm management

Rivista di Economia Agraria 35(2): 353-379

The study deals with the practical problem of decision-making on farms in Italy. The aim is to use LP models not only for finding the optimum combination of products but also for indicating a series of less-than-optimum combinations among which the farmer can choose if the optimum solution does not suit his particular needs. Some elementary methods for solving LP models involve computations that are always made over the entire matrix.

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