Publication: Análise econômico-financeira de aviários para a integração de frangos de corte sob condições de risco
Loading...
Date
Advisor
Coadvisor
Graduate program
Undergraduate course
Journal Title
Journal ISSN
Volume Title
Publisher
Type
Article
Access right
Acesso aberto
Abstract
Financial investment projects are characterized by uncertainties. When quantified, these will determine the probability of their occurrence and the condition of risk. This information might be analyzed via simulation of Monte Carlo Method, which will establish the level of associated risk. To understand the financial risks of broiler production in integration system, cash flow models for aviaries were formulated with different technological levels. Using deterministic techniques, the value of the main economic viability indicators were calculated, which were incorporated to the risk through a probabilistic model of pseudo-random numbers, generated with Monte Carlo Method. The uncertainties associated to financial projects show that broiler production in different integration systems is economically viable. However, the best financial return and smallest risk are obtained with an aviary which contains low technological level and the least financial investment.
Description
Keywords
Agribusiness, Monte carlo method, Net present value, Production cost, Simulation
Language
English
Citation
Ciencia e Agrotecnologia, v. 39, n. 3, p. 240-247, 2015.
