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THE INFLUENCE OF WORKING CAPITAL ON FARM ORGANIZATION — HOW APPROPRIATE IS A LINEAR PROGRAMMING ANALYSIS? *
Author(s) -
Taplin J.H.E.
Publication year - 1966
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1966.tb00607.x
Subject(s) - working capital , linear programming , capital (architecture) , value (mathematics) , resource (disambiguation) , computer science , business , economics , mathematics , statistics , geography , finance , algorithm , computer network , archaeology
Effective limitations on farm working capital are not easily identified but behaviour consistent with such limitations is observed. Using a linear programming analysis, the results of having limited working capital are shown. It is also shown that the value of the working capital resource is so high that farmers make every endeavour to keep it free from limitation.