Calculating costs of using farm machinery: a standardized procedure for Hawaii.

Title: Calculationg costs of using farm machinery: a standardized procedure for Hawaii.
Personal Authors: Huang, W. Y., Marutani, H. K., Vieth, G. R., Keeler, J. T.
Author Affiliation: College of Tropical Agriculture and Human Resources, University of Hawaii, Honolulu, Hawaii, USA.
Editors: No editors
Document Title: Departmental Paper – Hawaii Agricultural Experiment Station (USA) 1979
Abstract:

Based on the recommended method of the American Society of Agricultural Engineering, a modified procedure for calculating the costs of using farm machinery in Hawaii is developed. This modified procedure can handle the situations of highly variable annual machine utilization rates of Hawaii’s diversified agriculture. An example illustrating the computation procedure and case study of a typical watermelon farm are presented. The procedure is also used to analyse the relation between costs and annual utilization. The analysis indicates that a farmer who has a low annual machine utilization rate incurs a high cost for using the machine, due mainly to the high interest charge. Authors’ summary. KEYWORDS: TROPAG | Economics | development and social sciences | agricultural equipment | costs | production function | Hawaii.

Calculationg costs of using farm machinery: a standardized procedure for Hawaii. | Huang, W. Y., Marutani, H. K., Vieth, G. R., Keeler, J. T. | Departmental Paper – Hawaii Agricultural Experiment Station (USA) 1979 |

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