Aarhus University Seal / Aarhus Universitets segl

Søren Østergaard

Random within-herd variation in financial performance and time to financial steady-state following management changes in dairy herd

Publikation: Bidrag til tidsskrift/Konferencebidrag i tidsskrift /Bidrag til avisTidsskriftartikelForskningpeer review

Standard

Random within-herd variation in financial performance and time to financial steady-state following management changes in dairy herd. / Kristensen, Erling Lundager; Østergaard, Søren; Krogh, Mogens Agerbo; Enevoldsen, Carsten.

I: Acta Agriculturae Scandinavica, Section A - Animal Science, Bind 58, Nr. 2, 2008, s. 104-108.

Publikation: Bidrag til tidsskrift/Konferencebidrag i tidsskrift /Bidrag til avisTidsskriftartikelForskningpeer review

Harvard

APA

CBE

MLA

Kristensen, Erling Lundager o.a.. "Random within-herd variation in financial performance and time to financial steady-state following management changes in dairy herd". Acta Agriculturae Scandinavica, Section A - Animal Science. 2008, 58(2). 104-108. https://doi.org/10.1080/09064700802251818

Vancouver

Author

Kristensen, Erling Lundager ; Østergaard, Søren ; Krogh, Mogens Agerbo ; Enevoldsen, Carsten. / Random within-herd variation in financial performance and time to financial steady-state following management changes in dairy herd. I: Acta Agriculturae Scandinavica, Section A - Animal Science. 2008 ; Bind 58, Nr. 2. s. 104-108.

Bibtex

@article{89128590fe8911dd8b7a000ea68e967b,
title = "Random within-herd variation in financial performance and time to financial steady-state following management changes in dairy herd",
abstract = "The manager of a dairy herd and the affiliated consultants constantly need to judge whether financial performance of the production system is satisfactory and whether financial performance relates to real (systematic) effects of changes in management. This is no easy task because the dairy herd is a very complex system. Thus, it is difficult to obtain empirical data that allows a valid estimation of the random (within-herd) variation in financial performance corrected for management changes. Thus, simulation seems to be the only option. This study suggests that much caution must be recommended when claming effect of changes in herd management because the link between management changes (cause) and effect (measured as improvement of gross margin per cow year) is extensively blurred by a large within-herd variation in available real life accounting data and differences between herds in time to steady state following management changes.",
keywords = "financial performance, herd health economics, herd health management, time to steady state",
author = "Kristensen, {Erling Lundager} and S{\o}ren {\O}stergaard and Krogh, {Mogens Agerbo} and Carsten Enevoldsen",
year = "2008",
doi = "10.1080/09064700802251818",
language = "English",
volume = "58",
pages = "104--108",
journal = "Acta Agriculturae Scandinavica, Section A - Animal Science",
issn = "0906-4702",
publisher = "Taylor & Francis Scandinavia",
number = "2",

}

RIS

TY - JOUR

T1 - Random within-herd variation in financial performance and time to financial steady-state following management changes in dairy herd

AU - Kristensen, Erling Lundager

AU - Østergaard, Søren

AU - Krogh, Mogens Agerbo

AU - Enevoldsen, Carsten

PY - 2008

Y1 - 2008

N2 - The manager of a dairy herd and the affiliated consultants constantly need to judge whether financial performance of the production system is satisfactory and whether financial performance relates to real (systematic) effects of changes in management. This is no easy task because the dairy herd is a very complex system. Thus, it is difficult to obtain empirical data that allows a valid estimation of the random (within-herd) variation in financial performance corrected for management changes. Thus, simulation seems to be the only option. This study suggests that much caution must be recommended when claming effect of changes in herd management because the link between management changes (cause) and effect (measured as improvement of gross margin per cow year) is extensively blurred by a large within-herd variation in available real life accounting data and differences between herds in time to steady state following management changes.

AB - The manager of a dairy herd and the affiliated consultants constantly need to judge whether financial performance of the production system is satisfactory and whether financial performance relates to real (systematic) effects of changes in management. This is no easy task because the dairy herd is a very complex system. Thus, it is difficult to obtain empirical data that allows a valid estimation of the random (within-herd) variation in financial performance corrected for management changes. Thus, simulation seems to be the only option. This study suggests that much caution must be recommended when claming effect of changes in herd management because the link between management changes (cause) and effect (measured as improvement of gross margin per cow year) is extensively blurred by a large within-herd variation in available real life accounting data and differences between herds in time to steady state following management changes.

KW - financial performance

KW - herd health economics

KW - herd health management

KW - time to steady state

U2 - 10.1080/09064700802251818

DO - 10.1080/09064700802251818

M3 - Journal article

VL - 58

SP - 104

EP - 108

JO - Acta Agriculturae Scandinavica, Section A - Animal Science

JF - Acta Agriculturae Scandinavica, Section A - Animal Science

SN - 0906-4702

IS - 2

ER -