Malaysian Journal of Mathematical Sciences, February 2017, Vol. 11(S)
Special Issue: Conference on Agriculture Statistics 2015 (CAS 2015)
Productivity Cost Model in 308 ROSS Chicken Poultry Systems: Case Study of Contract Farming in Rural Development Cooperative
Sulaiman, J., Ali, M. K. M., Tuah, P. M., Yasir, S. M., and Lee, W. C. F.
Corresponding Email: jumat@ums.edu.my
Received date: -
Accepted date: -
Abstract:
This paper explains the current costs characterization in broiler meat production under the economic conditions of Malaysia using mathematical and statistical techniques. State of the art of econometrical modelling currently used for regulatory decision-develop in the cost productivity model are described. This study examined the effects of the interaction between the main factors. Five variables considered in this study in which it has been divided into two types of variables which are dependent and independent variables. Four independent variables considered are the price of chick, starter fertilizer prices, chicken grower fertilizer prices and prices of chicken medicines. The multiple regression models involve the interaction up to the third level and considering 32 potential models. Each model was tested with multicollinearity test and test coefficient with the objective of removing variables that were not significant. Concluded in this study that mathematical modelling using Eight Selection Criteria (8SC) would improve economic profitability of broiler productivity.
Keywords: multiple regression, eight selection criteria, fourth-order interaction, best model, moisture ratio
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