scholarly journals Economic risk analysis of different livestock management systems

2013 ◽  
Vol 53 (8) ◽  
pp. 788 ◽  
Author(s):  
J. F. Scott ◽  
O. J. Cacho ◽  
J. M. Scott
Keyword(s):  
Cash Flow ◽  
Management System ◽  
High Rate ◽  
Economic Returns ◽  
Discounted Cash Flow ◽  
Improvement Strategy ◽  
Net Worth ◽  
South Wales ◽  
On Farm

The Cicerone farmlet experiment, conducted on the Northern Tablelands of New South Wales, Australia, explored aspects of profitability and sustainability under three different whole-farmlet management regimes. The 5-year period over which the treatments were measured occurred over a period of generally below-average rainfall, hence responses to management treatments were limited. A modelling approach was used to estimate profitability over a longer period representing the variable climate of the region. A stochastic discounted cash flow model was developed to estimate economic returns of two of the Cicerone management system treatments scaled up from the farmlet scale (53 ha) to the size of a typical commercial farm in the region (920 ha) over a 20-year period. Several scenarios were used to estimate the commercial-scale returns under different rates of pasture improvement and stocking rates. Over the long-term, Farm A was found to be more profitable but also more risky (in terms of variation around the mean of cumulative discounted cash flow) than the ‘typical’ Farm B management system. If livestock managers choose to adopt a pasture improvement strategy based on renovating pastures and increasing soil fertility, they are more likely to achieve higher net worth with more moderate rates of pasture improvement than those explored on Farm A where a high rate of pasture improvement had been implemented in order to quickly differentiate treatments.

scholarly journals Producing over 40 t dry matter/ha per year through a complementary forage rotation system

2006 ◽  
pp. 69-73 ◽  
Author(s):  
S.C. Garcia ◽  
W.J. Fulkerson ◽  
S. Kenny ◽  
R. Nettle
Keyword(s):  
New South ◽  
Dairy Farmers ◽  
Legume Crop ◽  
Rotation System ◽  
Short Rotation ◽  
South Wales ◽  
Increase Productivity ◽  
On Farm ◽  
Forage Rape

A long-term field study is being conducted in New South Wales, Australia, to evaluate the feasibility of producing over 40 t DM/ha/year with a triple crop, complementary forage rotation (CFR) system. The CFR comprises a bulk crop (maize); a break crop (forage rape) and a legume crop capable of fixing atmospheric nitrogen (clover). The control is a well managed kikuyu-based pasture oversown with short rotation ryegrass each autumn. Treatments are replicated four times and data from the first 2 years are reported. Over 40 t DM/ha/year was either utilised by grazing or harvested mechanically from the CFR system in the first 2 years. This compares to almost 18 t DM/ha/year of utilised pasture for the control pasture system. In practice, these results indicate that dairy farmers in Australia can increase productivity by growing more forage on-farm with increased efficiency. The systems are designed to complement, rather than substitute, pasture-based systems. Keywords: complementary forage rotation, pasture, crop, dairy

scholarly journals PERANCANGAN SISTEM PENAWARAN STARTUP DAN INVESTOR ONLINE

2021 ◽  
Vol 4 (2) ◽  
pp. 210-217
Author(s):  
Grace Levina Dewi ◽  
Suhatati Tjandra ◽  
Setya Ardhi ◽  
Alfira Jessica
Keyword(s):  
Cash Flow ◽  
Website Design ◽  
Discounted Cash Flow ◽  
Future Potential

In terms of establishing and nurturing startups, finances are required to ensure their long-term viability. Startups at this stage require the support of investors as financial backers. The dearth of forums for promoting companies makes it difficult for developers to get traction and attract investors. The bidding method for entrepreneurs and investors was designed with these limits in mind. The waterfall concept is used in the design of this offering system, in which the website design is completed consecutively from beginning to end. The purpose of this website's design is to make it easier for developers to advertise startups or "products," to create possibilities for developers to meet investors indirectly, and to make it easier for investors to analyze startups with future potential. Startups are classified according to their valuation value; the Discounted Cash Flow approach was used to calculate the valuation for this website design

The Influence of Rainfall on the Densities of Adult Chlortoicetes Terminifera (Walker) in Central Western New South Wales, 1965-73.

1974 ◽  
Vol 22 (3) ◽  
pp. 365 ◽  
Author(s):  
DP Clark
Keyword(s):  
New South ◽  
Ecological Factors ◽  
High Rate ◽  
Food Plants ◽  
Permanent Plots ◽  
Outbreak Area ◽  
South Wales ◽  
Selection Of ◽  
Qualitative Changes

The densities of adults of the Australian plague locust (Chortoicetes terminifera (Wlk.) were estimated in a network of permanent plots in part of the Bogan-Macquarie outbreak area from 1965 until early 1973. In that area, 2-3 generations are produced between September and April-May, depending on rainfall. C. terminifera is able to maintain a high rate of reproduction in this area. The numbers of adults produced in one generation are directly related to the total rainfall during a period of three weeks at the time of hatching and can be predicted by a linear regression of adult numbers on rainfall. The evidence suggests that rain favours the survival of nymphs immediately after hatching by influencing the growth of food-plants. The ecological factors that cause discrepanices between the observed numbers and those predicted by regression are discussed. Among these are immigration, qualitative changes such as the development of hopper bands and the build-up of natural enemies, combined with errors in the selection of suitable oviposition sites by the locusts themselves. Despite intermittent droughts, the range of fluctuation of numbers of C. terminifera is limited in this region, and in the long term average numbers are high.

scholarly journals Some remarks concerning the indicators for appreciation the performance and the value created by the enterprise

2010 ◽  
Author(s):  
Doina Pacurari ◽  
Mircea Muntean
Keyword(s):  
Cash Flow ◽  
Performance Indicators ◽  
Discounted Cash Flow ◽  
Economic Context ◽  
Methods And Techniques ◽  
Performance Computing ◽  
Computing Models

The appreciation of the performances of the enterprise are made, as a rule, by ways of indicators which are of accounting type, the result of financial exercise, profit or loss, being mostly used. This result can be determined differently, according to approaches of patrimonial, economic or financial nature. Due to the handling potential of this indicator, the attention of the analysts focused in time also on other computing patterns, uninfluenced by the accounting methods and techniques used by the enterprise. The investors’ need of information determined the conception of some performance computing models based on the concept of creating value for the shareholders. Among these, those which express the ability of the enterprise to create value on long term, based on discounted cash flow, are the most appreciated. Nevertheless, within the Romanian economic context, the most used performance indicators are still of accounting nature for being accessible and understandable.

scholarly journals Economic technology analysis of LTE advanced pro dual spectrum licensed and unlicensed access using discounted cash flow methods

2021 ◽  
Vol 22 (1) ◽  
pp. 342
Author(s):  
Setiyo Budiyanto ◽  
Erman Al Hakim ◽  
Fajar Rahayu
Keyword(s):  
Cash Flow ◽  
Service Providers ◽  
Discounted Cash Flow ◽  
Unlicensed Spectrum ◽  
Lte Advanced ◽  
Economic Technology ◽  
5 Ghz ◽  
Discounted Cash Flow Method ◽  
Capacity Method

<p>Since implementing the long term evolution (LTE) technology, the surge in data service traffic has increased, causing an increase in demand spectrum, which has resulted in gaps in capacity requirements. Wireless service providers can respond to LTE technology updates. With LTE advanced pro technology that utilizes unlicensed spectrum technology can provide solutions to increase capacity and throughput. In this study, LTE advanced pro planning by capacity method to find the number of eNodeB and using the discounted cash flow method to analyze the feasibility of the costs to be invested in the implementation of the LTE. The results of the four simulated scenarios concluded that the number of eNodeB from the IV scenario with 20 MHz bandwidth at 1800 MHz frequency and 20 MHz bandwidth at 5 GHz frequency amounted to 23 sites, with a positive NPV value of $ 271,936.96, IRR of 14.91%, and for payback period occurred in the 3rd year. Thus the fourth scenario is feasible to be implemented.</p>

scholarly journals DCF Valuation of Nonprofit Universities

2019 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Yan He ◽  
Frank Long
Keyword(s):  
Nonprofit Organizations ◽  
Cash Flow ◽  
Market Value ◽  
Social Benefit ◽  
Cost Of Equity ◽  
Indiana University ◽  
Discounted Cash Flow ◽  
Tax Rate ◽  
Net Worth ◽  
For Profit

We conduct the Discounted Cash Flow (DCF) valuation of two nonprofit organizations: Syracuse University and Indiana University. We transform nonprofits to for-profits by converting nonprofit social benefit to net earnings and by adopting for-profit cost of equity and tax rate. These adjustments attempt to capture considerable hidden value to equityholders. We find that in the best scenario, the net worth (market value of equity) could be about 2 times the book equity for both universities in June 2017.

scholarly journals Whole-farm returns show true profitability of three different livestock management systems

2013 ◽  
Vol 53 (8) ◽  
pp. 780 ◽  
Author(s):  
J. F. Scott ◽  
J. M. Scott ◽  
O. J. Cacho
Keyword(s):  
Cash Flow ◽  
Business Performance ◽  
Management Systems ◽  
Livestock Management ◽  
South Wales ◽  
Beef Cattle Production ◽  
Business Performance Measures ◽  
Farm Business ◽  
Gross Margins

On the New South Wales Northern Tablelands, sheep, wool and beef cattle production account for most agricultural output. The industries have been challenged in recent years by environmental and economic factors and are therefore looking for modified or alternative livestock management systems that are capable of sustaining profitability. The Cicerone Project aimed to address these issues by comparing three different grazing and pasture improvement systems. Some recent livestock industry analyses have been based on gross margins which do not include overhead costs. This is an important limitation; economic analysis needs to report key whole-farm business performance measures since overhead costs can differ significantly between livestock management systems. A representative farm approach was used to compare the profitability of the three different livestock management systems. Commercial-scale whole-farm and cash flow analyses over a 5-year period were used to evaluate profitability. No particular system could be recommended to graziers because the test period was not sufficiently representative of the long-term climate to make an adequate assessment about their long-term profitability. Nevertheless, it is apparent that whole-farm level budgets are essential for comparing the overall profitability of different livestock management systems. It is concluded that analysts, consultants and graziers should use whole-farm and cash flow analyses to gauge profitability of different livestock management systems particularly where sustainability issues are important.

scholarly journals A Model to Decompose Property Rental Multipiers with Regard to the Division Between Land and Building Elements

2016 ◽  
Vol 24 (1) ◽  
pp. 51-63
Author(s):  
S.A. Smolyak
Keyword(s):  
Cash Flow ◽  
Flow Analysis ◽  
Discounted Cash Flow ◽  
Building Element ◽  
New Model ◽  
Proposed Model ◽  
Long Term Forecasting ◽  
The Impact ◽  
Building Elements

Abstract We propose a new model for the decomposition of rental multipliers for the property building element which also supports valuation of income-producing real properties based on the principle of stability and an un-orthodox application of discounted cash flow analysis. Having regard to the building/land element analytical split of overall property, the proposed model explicitly accounts for the impact of the value of underlying land on the decomposition of rental multipliers, and doesn’t require long-term forecasting of income.

Lifetime performance of crossbred ewes in the hill sheep sector

2009 ◽  
Vol 2009 ◽  
pp. 72-72
Author(s):  
R W Annett ◽  
A F Carson ◽  
L E R Dawson ◽  
D Irwin ◽  
D J Kilpatrick
Keyword(s):  
Research Programme ◽  
Hybrid Vigour ◽  
Economic Returns ◽  
Replacement Rate ◽  
Lifetime Performance ◽  
Beneficial Traits ◽  
The Uk ◽  
The Hill ◽  
On Farm

Hill sheep flocks in the UK are dominated by purebred ewe genotypes, with the Scottish Blackface being the most common. However a long term decline in economic returns, combined with recent changes to the Common Agricultural Policy, has lead many hill sheep producers to consider keeping crossbred ewes to exploit the benefits of hybrid vigour for lamb survival and to introduce beneficial traits for prolificacy, ease of lambing and carcass quality. In 2001, a major on-farm research programme was initiated to evaluate the performance of a range of crossbred ewe genotypes for the Northern Ireland hill sheep sector. Provisional data has already identified that retaining Lleyn X Blackface and Texel X Blackface ewes can improve lamb output at weaning by up to 10% relative to purebred Blackface ewes (Speijerset al., 2007). However, ewe longevity is a major issue for hill flocks, where the annual replacement rate often exceeds 20%. Therefore it is inappropriate to evaluate crossbred ewe genotypes based on average annual performance alone, and the aims of this study were to investigate the lifetime performance of a range of crossbred genotypes under hill conditions.

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