A MODEL FOR SELECTING OPTIMAL COMBINATIONS OF LIVESTOCK AND DEER LEASE-HUNTING ENTERPRISES
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Lease hunting of deer (Odocoileus spp.) and production of cattle, sheep and goats are potentially profitable enterprises for landowners in the Edwards Plateau of Texas. These enterprises compete for scarce ranch resources, but differ in the amounts of the various resources they require per animal unit. Because they also differ in revenue-generating potential, the rancher's problem is to determine which, and how much of each enterprise he should engage in to use his resources efficiently in maximizing profit. This situation was modelled to aid ranchers in selecting an optimal mix of enterprises. The model is an expansion of one suggested by Connolly (1974) and one that maximizes net ranch income subject to using forage and labor resources in the most efficient manner possible. -from Authors