THE INFLUENCE OF WORKING CAPITAL ON FARM ORGANIZATION — HOW APPROPRIATE IS A LINEAR PROGRAMMING ANALYSIS?* |
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Authors: | J.H.E. Taplin |
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Abstract: | Effective limitations on farm working capital are not easily identified but behaviour consistent with such limitations is observed. Using a linear programming analysis, the results of having limited working capital are shown. It is also shown that the value of the working capital resource is so high that farmers make every endeavour to keep it free from limitation. |
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