DIE OPTIMALE VERVANGING VAN TREKKERS IN DIE RSA-LANDBOU VANUIT 'N MINIMUMKOSTE-OOGPUNT

Different possible strategies for the replacement of tractors are empirically compared with each other for different tractor sizes, taxation rates, interest rates and annual use of the machine. Actual data for the period 1973-1989 were used. Results show that the optimum replacement age is not only dependant on the individual level of each of the above-mentioned variables, but also on how the variables vary together. The magnitude of each variable thus influences the effect of the other variables on the optimal replacement decision.


Other Titles:
THE OPTIMAL REPLACEMENT OF TRACTORS IN THE RSA-AGRICULTURE FROM A MINIMUM COST VIEWPOINT
Issue Date:
1990-06
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/267266
ISSN:
0303-1853
Language:
English
Published in:
Agrekon, Volume 29, Issue 2
Page range:
133-138




 Record created 2018-01-26, last modified 2018-04-02

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