scholarly journals Simulating the impact of fertiliser strategies and prices on the economics of developing and managing the Cicerone Project farmlets under climatic uncertainty

2013 ◽  
Vol 53 (8) ◽  
pp. 806 ◽  
Author(s):  
Karl Behrendt ◽  
James M. Scott ◽  
Oscar Cacho ◽  
Randall Jones
Keyword(s):  
Soil Fertility ◽  
Stocking Rate ◽  
High Rainfall ◽  
Efficient Management ◽  
Fertiliser Application ◽  
The Cost ◽  
The Impact ◽  
Stocking Rates ◽  
Future Management

The application of fertilisers to pastures in the high rainfall regions of southern Australia has contributed to large increases in carrying capacity following the widespread adoption of the practice since the late 1940s. Recently, large shifts in the worldwide demand for fertiliser inputs have lead to large rises in the cost of fertiliser inputs. These increasing costs have significant potential ramifications on the future management of soil fertility and its interaction with the persistence and profitability of sown pastures, especially during periods of climatic uncertainty. A dynamic pasture resource development simulation model was used to investigate the implications of fertiliser rates and costs on the efficient management of soil fertility under climatic uncertainty. The framework also allowed the investigation of how the management of soil fertility interacts with the utilisation of pasture resources through different stocking rates. In the application of this method to the Cicerone Project farmlets case study, fertiliser input costs were found to influence the optimal combination of fertiliser inputs and stocking rate. Analyses of the dynamic interaction between fertiliser application and cost, stocking rate and the persistence of desirable species enabled the identification of the most risk-efficient strategies. The implications for grazing industries in the high rainfall regions of southern Australia are discussed.

Modelling the risk of different joining times and lamb sale policies

2014 ◽  
Vol 54 (10) ◽  
pp. 1694 ◽  
Author(s):  
S. M. Robertson ◽  
A. F. Southwell ◽  
M. A. Friend
Keyword(s):  
Carrying Capacity ◽  
Simulation Modelling ◽  
Management Systems ◽  
Stocking Rate ◽  
Gross Margin ◽  
Feed Resources ◽  
Systems Simulation ◽  
Gross Margins ◽  
The Impact ◽  
Stocking Rates

Month of joining and lamb sale strategy influence both the quantity and so value of lamb produced, and the feed required, so are important management decisions contributing to the profitability of sheep systems. Simulation modelling was used to evaluate the impact on gross margins of three lamb sale strategies for different months of joining and varying stocking rates. A flock of purchased Merino ewes producing crossbred lambs in southern Australia was modelled between 1971 and 2011. April joining produced higher gross margins than November or January only if the number of ewes per hectare was increased to potential carrying capacity. At the optimum stocking rate for each month of joining, three sale policies – a flexible lamb sale policy (where lambs were sold depending on seasonal conditions); selling lambs in December; or selling at 45-kg liveweight, all produced a similar mean gross margin, but the feed resources required were least using the flexible strategy (April-joined mean 195 ± 253 s.d. kg/ha for flexible compared with 219 ± 270 kg/ha if selling December or 1085 ± 459 kg/ha if sold at 45 kg). Mean gross margin differed between sale strategies by up to AU$66/ha if the optimal stocking rate was not used. These results suggest that the most advantageous lamb sale strategy will vary with both month of joining and stocking rate used, and should be considered when optimising sheep management systems.

scholarly journals Estimating the Impact of Medical Innovation: A Case Study of HIV Antiretroviral Treatments

2008 ◽  
Vol 11 (2) ◽  
Author(s):  
Mark G Duggan ◽  
William N Evans
Keyword(s):  
Health Care ◽  
Good Alternative ◽  
Care Utilization ◽  
Short Term ◽  
Fda Approval ◽  
New Treatments ◽  
The Cost ◽  
The Impact ◽  
Average Health

As health care consumes a growing share of GDP, the demand for better evidence regarding the effects of health care treatments and how these vary across individuals is increasing. Estimating this with observational data is difficult given the endogeneity of treatment decisions. But because the random assignment clinical trials (RACTs) used in the FDA approval process only estimate average health effects and do not consider spending, there is no good alternative. In this study we use administrative data from California's Medicaid program to estimate the impact of HIV antiretroviral treatments (ARVs). We use data on health care utilization to proxy for health status and exploit the rapid takeup of ARVs following their FDA approval. Our estimate of a 68 percent average mortality rate reduction is in line with the results from RACTs. We also find that the ARVs lowered short-term health care spending by reducing expenditures on other categories of medical care. Combining these two effects we estimate the cost per life year saved at $19,000. Our results suggest an alternative method for estimating the real-world effects of new treatments that is especially well-suited to those treatments that diffuse rapidly following their approval.

Herbage and animal production from native pastures and pastures oversown with Stylosanthes hamata. 1. Fertiliser and stocking rate effects

1993 ◽  
Vol 33 (5) ◽  
pp. 561 ◽  
Author(s):  
CJ Gardener ◽  
MR McCaskill ◽  
JG McIvor
Keyword(s):  
Animal Production ◽  
Stocking Rate ◽  
Heteropogon Contortus ◽  
Stylosanthes Hamata ◽  
Stylosanthes Humilis ◽  
Native Pasture ◽  
Utilisation Rate ◽  
Native Pastures ◽  
Fertiliser Application ◽  
Stocking Rates

Native pastures dominated by Heteropogon contortus (speargrass) were sown to Stylosanthes hanzata cv. Verano in 1972, and herbage production and steer growth rates were compared with those of native pastures from 1973 to 1985. The native pastures also contained naturalised Stylosanthes humilis, but its contribution to pasture yield diminished rapidly, after infection by Colletotrichum gloeospoirioides (anthracnose) in 1973. The experiment was a factorial design of 2 pasture types (native, native plus Verano) x 2 stocking rates (0.6, 1.2 steers/ha) x 2 superphosphate treatments (nil, 300 kg/ha.year) x 2 replicates. Fertiliser application decreased the proportion of legume but had no significant effect on herbage or animal production on this comparatively fertile site (extractable P, 18 mg/kg). Annual liveweight gains at the high and low stocking rates, respectively, on the native pasture averaged 100 and 120 kg/steer. Sowing to Verano did not affect herbage yields but increased annual liveweight gains by 28 and 36 kg/steer at low and high stocking rates. The high stocking rate of 1.2 steers/ha was sustainable for the first 9 years of the experiment, when above-average rainfall was received. However, in the following 3 below-average years, there was a shift to less-desirable species, and a decline in pasture productivity. Relative to the low stocking rate, herbage production on the native pasture in the final season was reduced by 60% and on the Verano pasture by 26%. The highest annual herbage utilisation rate that appeared sustainable in the long term was about 45%, which corresponded to a utilisation rate of 30% during the growing season (about November-May). When oversown with Verano, speargrass tended to decline in favour of annual grasses, weeds, and the introduced grass Urochloa mosanzhicensis, which had been sown on an adjacent experiment. Urochloa appeared to be a more suitable companion species than speargrass for Verano.

scholarly journals THE IMPACT OF PRODUCT LIFE CYCLE TECHNIQUE IN REDUCING COSTS AND ACHIEVING SUSTAINABLE DEVELOPMENT GOALS, A CASE STUDY IN THE RUSTAN STEEL STRUCTURE PRODUCTION COMPANY IN ERBIL

2021 ◽  
Vol 03 (07) ◽  
pp. 314-328
Author(s):  
Ghazi Abdulazeez SULAIMAN BAG ◽  
Rafiq Faraj MAHMOOD
Keyword(s):  
Corporate Governance ◽  
Life Cycle ◽  
Life Cycle Cost ◽  
Product Life Cycle ◽  
Steel Structures ◽  
Product Life ◽  
Technical Requirements ◽  
The Cost ◽  
The Impact

This research was - case study in Rstin company for the steel structures in Erbil- addressed the cost technique of product life cycle, as discussed the kinds, relevance and the stages of the life cycle of the product, also it referred to the corporate governance of discussing its inception the concept and importance of the principles, objectives, and mechanisms was addressed to the technical aspects of the overlap between the cost of the product life cycle corporate governance and show the appropriate techniques used in each stage of the life cycle of the product and how it achieved by a reduction of costs. The result of this study indicates that the integration between the product life cycle cost and corporate governance works on reduce costs through the various stages of product life cycle. It also concluded that this integration increases the company ability to compete in market which leads to rise in its market share and eventually lead to maximize the profit which has been achieved through the optimal use of a company available resources. It also found that the techniques of life cycle cost of the product cannot be applied without support of the company directors, throughout the technical requirements of the application. Corporate governance ensures directors of the company to utilize firm resources which makes the company to achieve several stakeholders' objectives.

Waste-to-Energy Project Economics and Financing: A Look Into the Factors Influencing the Future

2006 ◽  
Author(s):  
Jeffrey F. Clunie
Keyword(s):  
United States ◽  
The United States ◽  
Fuel Oil ◽  
Waste To Energy ◽  
Recent Analysis ◽  
Economic Factors ◽  
The Future ◽  
The Cost ◽  
The Impact

This paper focuses on significant changes in the overall economics of waste-to-energy (WTE) during the last 30 years. The WTE industry in this country has seen several different business cycles occur since 1975, as different market drivers have caused the industry to rise and fall. This paper compares: (1) those economic factors that were in play in 1975, when the first WTE facility in the United States was built, and the industry was in its infancy; (2) the factors at play when the WTE industry was at its height in 1990; and (3) some of the factors that caused the industry’s steep downward trend since 1994, when the last greenfield WTE facility in the United States was built. The paper will identify changes that have occurred with regard to the pricing of electricity and the ability of public sectors to charge non-market-based tipping fees. The paper discusses the drivers of 2006 and focuses on completed economic factors to be considered when comparing WTE with other waste disposal means. The paper discusses the drivers of 2006 and whether the industry is finally poised to begin an upward turn in the cycle. The paper focuses on the impact of the cost of diesel fuel oil on the overall economics of long-haul transfer, and how that is likely to impact the future development of WTE facilities. The paper also presents a case study of a recent analysis that was undertaken for two counties that were evaluating the financial viability of WTE as compared to other disposal options.

scholarly journals The Potential of a Cost-Per-Use Analysis to Assess the Value of Library Open-Access Funds

2018 ◽  
Vol 13 (4) ◽  
pp. 99-101
Author(s):  
Jessica Koos
Keyword(s):  
Open Access ◽  
Biomed Central ◽  
Journal Articles ◽  
Level Data ◽  
Article Usage ◽  
Article Processing Charges ◽  
The Cost ◽  
Design Cost ◽  
The Impact

A Review of: Hampson, C., & Stregger, E. (2017). Measuring cost per use of library-funded open access article processing charges: Examination and implications of one method. Journal of Librarianship & Scholarly Communication, 5(1), eP2182. https://doi.org/10.7710/2162-3309.2182 Abstract Objective – To determine the feasibility and potential effects of a cost-per-use analysis of library funds dedicated to open access. Design – Cost-per-use analysis, case study. Setting – PLOS and BioMed Central. Subjects – 591 articles published in PLOS ONE, 165 articles published in PLOS Biology, and 17 articles published in BioMed Central. Methods – Three specific examples are provided of how academic libraries can employ a cost-per-use analysis in order to determine the impact of library-based open access (OA) funds. This method is modeled after the traditional cost-per-use method of analyzing a library collection, and facilitates comparison to other non-OA items. The first example consisted of using a formula dividing the total library-funded article processing charges (APCs) by the total global use of the specific PLOS journal articles that were funded. The second and third examples demonstrated what a library-funded OA membership to BioMed Central would cost alone, and then with APCs that cost could be divided by the total usage of the funded articles to determine cost-per-use. Main Results – The authors found both of the examples described in the article to be potential ways of determining cost-per-use of OA articles, with some limitations. For instance, counting article usage through the publisher’s website may not capture the true usage of an article, as it does not take altmetrics into consideration. In addition, article-level data is not always readily available. In addition, the cost-per-use of OA articles was found to be very low, ranging from $0.01 to $1.51 after the first three years of publication based on the cost of library-funded APCs. The second and third methods revealed a cost-per-use of $0.10 using membership-only payments, while using the cost of membership plus APCs resulted in a cost-per-use of $0.41. Conclusion – Libraries may wish to consider using these methods for demonstrating the value of OA funds in terms of return on investment, as these techniques allow for direct comparison to the usage of traditional journals. However, several barriers need to be overcome in how article-level usage is obtained in order for these methods to be more accurate and efficient. In addition, while the authors report that "The specific examples in this study suggest that OA APCs may compare favorably to traditional publishing when considering value for money based on cost per use," they also caution that the study was not designed to answer the question if the ROI is greater for OA publications than for traditional articles, stating that "...the data in this study should not be interpreted as a verification of such an argument, as this study was not designed to answer that question, nor can it do so given the limitations on the data. This paper was designed to present and illustrate a method. Further study would be necessary to verify or refute this possibility" (p. 15).

OP37 Impact On Uncertainty Of Disaggregating Cost Data

2019 ◽  
Vol 35 (S1) ◽  
pp. 8-9
Author(s):  
Conor Teljeur ◽  
Paul Carty ◽  
Máirín Ryan
Keyword(s):  
Cost Utility ◽  
Cost Data ◽  
Model Parameters ◽  
Robot Assisted ◽  
Total Cost ◽  
Uncertainty Set ◽  
The Cost ◽  
The Impact ◽  
Cost Components

IntroductionEconomic models contain several parameters ordinarily subject to uncertainty. Unlike most other model parameters, costs can constitute numerous distinct components. For example, a surgical intervention can require a variety of disposables and reusable equipment. A micro-costing output may be disaggregated or presented as a total cost. Uncertainty could be applied to individual cost components or to total cost. We aimed to explore how disaggregation of cost data may impact on uncertainty using a case study.MethodsA set of simulations using hypothetical scenarios were developed with uncertainty set at ± 20 percent. The simulations investigated the impact of number of cost components, balance between components, and correlation between them. A cost-utility model from an assessment of robot-assisted radical prostatectomy was analyzed; procedure cost was divided into 32 individual cost components or treated as a total cost.ResultsBased on five equal cost components, uncertainty reduces from ± 20 percent for correlated variables to ± 9 percent for uncorrelated variables. With increasing numbers of uncorrelated cost components, the uncertainty in the total cost decreases markedly. The uncertainty around total robot-assisted surgery procedure equipment costs was ± 19.7 percent when components were correlated and ± 9.4 percent when uncorrelated. The impact on uncertainty in the incremental cost effectiveness ratio (ICER) was negligible but the ranking of parameters in the univariate sensitivity analysis changed.ConclusionsAnalyzing uncertainty by aggregated or disaggregated costs can have implications for presenting uncertainty in costs to decision makers. Applying uncertainty to aggregated costs essentially implies that variation in the cost of individual components is perfectly correlated. By disaggregating cost components they are being treated as uncorrelated, which can substantially reduce uncertainty in the total cost. In this case study we found that although the reduction in uncertainty could be clearly seen in the cost parameter, it had a negligible impact on uncertainty in the ICER.

scholarly journals Reflections on the concept, conduct and findings of the producer-led Cicerone Project

2013 ◽  
Vol 53 (8) ◽  
pp. 856 ◽  
Author(s):  
T. Coventry ◽  
H. Sutherland ◽  
M. Waters ◽  
P. Dutton ◽  
B. Gream ◽  
...  
Keyword(s):  
Soil Fertility ◽  
Field Investigation ◽  
Leadership Role ◽  
Grazing Management ◽  
Successful Outcome ◽  
Integrated Analysis ◽  
Stocking Rate ◽  
Agricultural Ecosystem ◽  
Ecosystem Research ◽  
The Impact

The Cicerone Project began as a producer-led partnership that sought, over a period of 8 years, to enhance the profitability and sustainability of livestock enterprises by improving the connection between those producers, research and extension. Following a detailed survey, the research and extension needs of livestock producers were identified and several applied investigations were conducted to meet those needs and delivered through a range of extension activities. This final paper of the Cicerone Special Issue reflects on the entire Project from a wide array of perspectives, including livestock producers, researchers, extension specialists and staff employed by the Project, all of whom are authors of this paper. A notable early successful outcome of the Project was the improved precision of footrot diagnosis, which has been of value to the entire sheep industry, and that flowed from a field investigation of benign and virulent footrot combined with detailed genetic investigations, which led to an improved testing regime. This paper also reflects on the findings of an unreplicated agricultural ecosystem research trial, which measured the impact of pasture renovation, increased soil fertility and grazing management on the profitability and sustainability of three different 53-ha farmlets. Valuable findings from this whole-farmlet trial included the need for a high quality feed supply for increasing stocking rate and animal liveweights; the ability and utility of satellite imagery to detect changes in pasture growth, composition and recent grazing pressure; the value of short grazing and long rest periods for controlling Barber’s pole worms of sheep; the impact of increased stocking rates on whole-farm profitability and risk; methods of optimising decisions relating to pasture renovation, fertiliser applications and grazing management; and an integrated analysis of all key measured components of the farmlet management systems. Collectively, these findings were powerful as they were demonstrated at a scale credible to livestock producers using the ‘compare – measure – learn – adopt’ approach, which was the key philosophy adopted by the Cicerone Project. By comparing and measuring different whole-farm systems, and by ensuring that producers had ownership of the trial process, the Project successfully delivered objective findings that producers trusted and which increased our understanding of important drivers of complex grazing enterprises under variable climatic conditions. Some of these drivers included: the influence of soil phosphorus on botanical composition and subsequent livestock production, the role of pasture renovation and soil fertility on herbage supply, herbage quality and stocking rate, and the improved gastrointestinal nematode control delivered by intensive rotational grazing. The beneficiaries of the Project included the 180 farmer members who participated in some 61 field days and workshops; the research and extension collaborators including four postgraduates who completed their research investigations in conjunction with the Project; and some 500 undergraduate and 300 technical students who benefited from coming to understand the applied field comparisons of the three whole-farmlet systems. Having livestock producers play a significant leadership role led to valuable outcomes achieved with research collaborators; this should encourage the development of other learning partnerships which aim to explore complex farming system issues.

White clover incorporation at high nitrogen application levels: results from a 3-year study

2020 ◽  
Vol 60 (1) ◽  
pp. 187 ◽  
Author(s):  
C. Guy ◽  
D. Hennessy ◽  
T. J. Gilliland ◽  
F. Coughlan ◽  
B. McClearn ◽  
...  
Keyword(s):  
White Clover ◽  
Production Systems ◽  
Stocking Rate ◽  
High Nitrogen ◽  
Negative Effects ◽  
Intensively Managed ◽  
Fertiliser Application ◽  
Grass Growth ◽  
Stocking Rates ◽  
Clover Content

Context High nitrogen (N)-fertiliser application levels and high stocking rates have been shown to optimise herbage dry-matter (DM) production in grass-only systems. Conversely, swards including white clover (Trifolium repens L.) are commonly suited to production systems at low N-fertiliser application levels (<150 kg N/ha) and low stocking rates (fewer than two livestock units (LU) per hectare). Despite this, the use of N fertiliser on grass–clover swards has generally increased during the past few decades, particularly in more intensively managed swards under dairy farming. Increasing inorganic N decreases sward white clover content in grass–clover swards, and increasing stocking rate on grass–clover swards can result in damage to white clover plants. However, under high N-application levels, a high stocking rate can also potentially minimise the negative effects of increased grass growth on sward white clover content. Aims The objective of the present study was to investigate the persistency of white clover in an intensive animal-grazing system, under a high N-fertiliser application level (250 kg N/ha) and at a high stocking rate (2.75 LU per hectare) over a 3-year period (2014–2016). Methods The study was a 2 × 2 factorial design, consisting of two perennial ryegrass ploidies (diploid, tetraploid) and two white clover treatments (grass-only, grass–clover). Four sward treatments (diploid-only, tetraploid-only, diploid + clover, tetraploid + clover) were evaluated over a full grazing season at a system scale. Sward measurements were taken at each grazing occasion for 3 years. Key results Over the 3 years, grass–clover swards produced an additional 1468 kg DM/ha when compared with grass-only swards. Sward white clover content decreased by 17% over the three study years. Conclusions This decrease in sward white clover content led to a decrease in contribution to cumulative herbage DM production. Implications Although the present study showed that white clover inclusion can increase herbage DM production at high N-fertiliser application levels, in association with high stocking rates, the initial extra herbage DM production on grass–clover swards decreased each year. Further studies should be undertaken to investigate whether the decline in white clover persistence observed is progressive over a longer time period.

Solar Micro Grids

2017 ◽  
pp. 1971-1983
Author(s):  
Rahul Singh ◽  
Anirban Sharma ◽  
Amanpreet Kaur ◽  
Mansi Gupta ◽  
Kannan TS
Keyword(s):  
Developing Countries ◽  
Business Model ◽  
Solar Power ◽  
Distribution Network ◽  
Additional Demand ◽  
The Cost ◽  
The Impact ◽  
Near Future ◽  
Micro Grids

Like most of the developing countries, India also has a large number of off-the-grid villages. In spite of government's efforts at rural electrification, many villages cannot hope for grid power in the near future because the cost of setting up the distribution infrastructure. But when these villages come on grid, they place an additional demand on the distribution network and most states are already facing several hours of power cuts because conventional electricity is scarce. Thus these villages remain un-electrified for the simple reason that electricity is not available. This case study deals with the innovative business model of the company “Mera Gao Power” which sets up “Solar Micro Grids” in villages. It further analyses the impact of Solar Power on the socio-economic parameters of the villages where the project has been implemented. Further it discusses the various challenges faced by MGP in sustaining and expanding this business model.

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