Evaluation of Optimal Cost Structure in Agriculture in Raigad District using Linear Programming Model
DOI:
https://doi.org/10.53555/jaz.v44iS8.3533Keywords:
Agriculture, Linear Programming, minimum costs, MATLABAbstract
Agriculture bears a larger impact on India’s economy, especially on the livelihoods of rural areas. While cultivating the crops, farmers have to keep in mind about the costs incurred in the whole process. This research studies about the costs invested in agriculture by farmers in order to optimize the costs using a mathematical model- linear programming. In particular Raigad district was taken for this research and a survey of 25 farms was conducted. This study resulted in minimum costs can be invested, if linear programming is applied, as compared to their traditional method. The analysis shows a significant difference in the costs invested in traditional method and linear programming method.
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