One of the most helpful practices the farm manager adopts is planning for the future, particularly an uncertain one. Planning includes taking an inventory of resources, considering alternative uses for resources, estimating costs and returns asssociated with the alternative uses of resources, and choosing the "best" alternative. This factsheet uses partial budgeting to analyze the question of machinery ownership vs. custom harvesting.
Organization |
Oklahoma Cooperative Extension Service |
Publisher |
Oklahoma State University |
Publication Views |
1312 |
Material Type |
Written Material |