A NEW LOOK AT BUDGETING FROM THE STANDPOINT OF LINEAR PROGRAMMING

This paper will take a new look at budgeting. It will be argued that with the development of linear programming, budgeting can be seen to have several disadvantages as a research tool. The development of linear programming as an aid to farm management research will then be examined. This examination will lead to the development of a slight refinement of conventional budgeting methods. This refinement may reasonably be termed parametric budgeting.


Issue Date:
1959-07
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/22308
PURL Identifier:
http://purl.umn.edu/22308
Published in:
Australian Journal of Agricultural Economics, Volume 03, Number 1
Page range:
46-56
Total Pages:
11




 Record created 2017-04-01, last modified 2018-01-22

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)