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Strategie Agribusiness Operation Realignment in the Texas Prison System

Published online by Cambridge University Press:  28 April 2015

Bruce A. McCarl ,
M. Edward Rister ,
Ruby Ward ,
Charles R. Long ,
Dean McCorkle ,
Houshmand Ziari ,
J. Richard Conner ,
Allen W. Sturdivant  and
Troy N. Thompson
Bruce A. McCarl
Affiliation:
Department of Agricultural Economics, Texas A&M University, and assistant professor, Department of Economics, Utah State University
M. Edward Rister
Affiliation:
Department of Agricultural Economics, Texas A&M University, and assistant professor, Department of Economics, Utah State University
Ruby Ward
Affiliation:
Department of Agricultural Economics, Texas A&M University, and assistant professor, Department of Economics, Utah State University
Charles R. Long
Affiliation:
Animal Science and Resident Director, Agricultural Research and Extension Center at Overton
Dean McCorkle
Affiliation:
former assistant research scientist, professor, former research associate, and former research associate, respectively, Department of Agricultural Economics, Texas A&M University
Houshmand Ziari
Affiliation:
former assistant research scientist, professor, former research associate, and former research associate, respectively, Department of Agricultural Economics, Texas A&M University
J. Richard Conner
Affiliation:
former assistant research scientist, professor, former research associate, and former research associate, respectively, Department of Agricultural Economics, Texas A&M University
Allen W. Sturdivant
Affiliation:
former assistant research scientist, professor, former research associate, and former research associate, respectively, Department of Agricultural Economics, Texas A&M University
Troy N. Thompson
Affiliation:
former assistant research scientist, professor, former research associate, and former research associate, respectively, Department of Agricultural Economics, Texas A&M University
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Abstract

Mathematical programming-based systems analysis is used to examine the consequences of alternative operation configuration for the agricultural operations within the Texas Department of Criminal Justice. Continuation versus elimination of the total operation as well as individual operating departments are considered. Methodology includes a firm systems operation model combined with capital budgeting and an integer programming based investment model. Results indicate the resources realize a positive return as a whole, but some enterprises are not using resources profitably. The integer investment model is found to be superior for investigating whether to continue multiple interrelated enterprises.

Keywords

agribusinessenterprise selectionmathematical programmingoptimal enterprise organization
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 32 , Issue 1 , April 2000 , pp. 145 - 158
Copyright
Copyright © Southern Agricultural Economics Association 2000

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