Location: Application Technology Research Unit
Project Number: 5082-21000-017-11
Start Date: Aug 15, 2013
End Date: Aug 14, 2018
Partial budgeting modeling procedures will be used to measure the profitability of short-run changes in cultural practices in the production and postproduction systems analyzed. This technique has been largely used when comparing two or more similar systems. Usually the comparison is between a benchmark system and one or more alternatives. All systems under comparison must face the same conditions, the same fixed costs, and only vary in explicitly specified components.